"We do not measure performance. We do not manage for performance.
We manage risk... and learn to accept superior results."
We eliminate the hidden transaction expenses common to fixed-income markets by executing trades through our long-standing network of brokers/dealers with no additional markups and complete price transparency.
Our role as financial advisor to issuers enables us to identify trends and innovations in the market. It also serves as an early warning system for potential credit quality changes.
We control risk and reduce transaction costs by structuring highly liquid portfolios. Both security selection and position size are designed with a keen sensitivity to liquidity. |
Because we maintain no inventory of securities or proprietary products, our clients' interests are never compromised. When implementing a strategic model, we consider all options available to achieve optimal results.
A significant majority of our clients are themselves investment professionals. We view this fact as an important confirmation that we have earned the trust and confidence of informed and experienced investors. However, it does not suggest an unwillingness to partner with clients outside of the industry. We welcome the opportunity to cultivate efficient working relationships with investors of all levels of sophistication. |
is a client focused fixed-income practice that combines personal service with the capabilities of a larger institution...we genuinely do partner with our clients.