Investment Grade Fixed Income Strategy
The Byrne Asset Management (BAM) – Investment Grade Fixed Income strategy is led by Art Ernst, who has over 35 years of experience managing fixed income portfolios of investment grade and high yield corporates, treasuries, agencies, convertibles and mortgage-backed securities (MBS).
Strategy Overview
Income Generation
Focus on steady income with capital preservation
Quality Focus
Emphasis on investment grade securities
Targeted Approach
Optimized duration and credit selection
Investment Process
After careful assessment of economic conditions, Federal Reserve policies, and yield curve dynamics, the BAM – Investment Grade Fixed Income strategy focuses on selecting the most attractive investment grade fixed income securities. After applying rigorous fundamental and qualitative analysis to eliminate unduly risky bonds, the portfolio is constructed to maximize return within the targeted duration and credit parameters.
Macro Analysis
- Assessment of economic conditions
- Analysis of Federal Reserve policies
- Evaluation of yield curve dynamics
Security Selection
- Rigorous fundamental analysis
- Credit quality assessment
- Risk-adjusted return evaluation
Portfolio Construction
Our fixed income portfolios are constructed to maximize return within carefully defined duration and credit parameters. We focus on investment grade securities including corporates, treasuries, agencies, and selectively utilize mortgage-backed securities to enhance diversification and yield.
For complete details on our fixed income strategy, including current positioning, duration targets, and credit quality distribution, please download our institutional tear sheet or contact our investment team directly.
