Core Fixed Income Strategy Highlights
Inception Date: 01 February 2008
Focuses primarily on sector rotation and individual security selection
Benchmarked against the Bloomberg US Aggregate Bond Index
Invests primarily in US dollar-denominated investment grade asset classes represented in the benchmark, including US Treasury, government-related, corporate and structured securities
Typically does not purchase securities rated below BBB- (or its equivalent); however, the strategy may hold securities downgraded below this threshold after purchase
PPM is an investment-led organization which utilizes a team-based approach to manage the assets of the portfolio. Portfolio managers work closely with asset class specialists, research analysts and traders to generate ideas and to gain greater insight on the market environment as they make investment decisions.