LDI – Long Duration

Investment Philosophy

Our fixed income investment approach combines bottom-up research with top-down sector selection to consistently seek favorable, risk-adjusted results. We believe that the volatility of market prices exceeds that of fundamental asset values. This dislocation creates opportunities for investors with the skilled personnel, infrastructure and insight necessary to identify relative value generated by market inefficiencies.

LDI – Long Duration Strategy Highlights

  • Inception Date: 01 May 2011

  • Focuses primarily on sector selection and individual security selection and to a lesser extent, duration and yield curve management 

  • Benchmarked against ICE BofA Q500 Index

  • Invests primarily in US dollar-denominated investment grade corporate securities 

  • Has flexibility to invest in other asset classes and sectors, including US dollar-denominated sovereign debt, US Treasury and US agency securities as well as non-US dollar-denominated corporate sovereign debt

  • Has the ability to successfully manage to client-specified benchmarks including the Bloomberg Barclays US Government/Credit Bond Index 

Portfolio Managers

Experienced Team

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.

photo of Greg Moldovanyi
Greg Moldovanyi

Senior Managing Director, Portfolio Manager

Photo of Patrick Duda
Patrick Duda, CFA

Vice President, Portfolio Manager

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