The global consumer remains a key driver of economic resilience, alleviating concerns of a severe growth shock despite elevated policy uncertainty, ongoing trade conflicts, and rising fiscal deficits
We believe our active fixed income approach is key to navigating today's challenging bond market and adding long-term value. Our fixed income investment process combines collective expertise, long-term discipline and risk management to capitalize on changing market dynamics.
The fixed income investment team works closely with the equity and quantitative teams, sharing information and debating ideas. We assess the opportunity set as it changes and position our funds’ holdings, for the long-term, which benefit from durable credit fundamentals and attractive valuations. We take on risk intentionally when we believe we are being compensated appropriately and reduce it when we don’t.
Valuation: Why it Still Matters in Today’s Stock Market
14 November 2025
Insight exploring the importance of valuation as the foundation for durable long-term returns and effective risk management. It emphasizes the importance for disciplined and selective investing, particularly in today's high-valuation market environment influenced by factors like technological advancements and market sentiment.
Navigating the Structural and Policy-Driven Headwinds Facing the Municipal Higher Education Sector
19 February 2026
While higher education faces structural and policy challenges, we take a research-based, disciplined approach to security selection to position for value creation.
Valuation: Why it Still Matters in Today’s Stock Market
14 November 2025
Insight exploring the importance of valuation as the foundation for durable long-term returns and effective risk management. It emphasizes the importance for disciplined and selective investing, particularly in today's high-valuation market environment influenced by factors like technological advancements and market sentiment.
Navigating the Structural and Policy-Driven Headwinds Facing the Municipal Higher Education Sector
19 February 2026
While higher education faces structural and policy challenges, we take a research-based, disciplined approach to security selection to position for value creation.