US select income
A durable fixed income strategy that utilizes a diversified portfolio of debt securities with a particular emphasis on corporate bonds designed to generate a high and sustained source of income.
Portfolio: the portfolio is constructed to seek to generate a high rate of current return.
Management: active portfolio management is focused on bottom-up security selection and sector rotation.
Utilization: the US select income strategy utilizes all sectors of fixed income opportunistically. There is an average credit quality BAA1 with judicious use (typically up to 25%) of below investment grade securities.
Robust process and risk controls: the strategy's managers follow an established investment process which is monitored and overseen by an independent risk team.
Experienced and well-resourced team: the strategy is managed by an experienced team with, what we believe to be, an attractive long-term track record, supported by a research team with substantial experience in investment and non-investment grade corporates and emerging markets.
As of December 31, 2018. Assets under management (AUM) are represented by the value of cash securities and other economic exposures, and are calculated on a gross notional basis.*
Fund and strategy profiles
The end of goldilocks? Navigating tight credit valuations and rising yields
Investors have had a good run over the past few years investing in fixed income markets, thanks to a secular decline in interest rates and a cyclical compression in credit spreads. However, the environment in 2018 and beyond may favor more sophisticated active approaches, such as flexible ‘best idea
*Insight North America (INA) is part of “Insight” or “Insight Investment”, the corporate brand for certain asset management companies operated by Insight Investment Management Limited including, among others, Insight Investment Management (Global) Limited and Insight Investment International Limited. Advisory services referenced herein are available in the US only through INA. Figures shown in USD. FX rates as per WM Reuters 4pm spot rates.
Includes employees of Insight North America LLC (INA) and its affiliates, which provide asset management services as part of Insight, the corporate brand for certain companies operated by Insight Investment Management Limited (IIML).
Past performance is not a guide to future performance. Investment in this strategy involves substantial risk of loss. The value of investments and the income from them can fall as well as rise and are not guaranteed, investors may not get back the original amount invested.
Insight North America LLC (INA) is a registered investment adviser under the Investment Advisers Act of 1940 and regulated by the US Securities and Exchange Commission. INA is part of “Insight” or “Insight Investment”, the corporate brand for certain asset management companies operated by Insight Investment Management Limited including, among others, Insight Investment Management (Global) Limited and Insight Investment International Limited. Insight’s assets under management are represented by the value of cash securities and other economic exposures, and are calculated on a gross notional basis. Advisory services referenced herein are available in the US only through INA.
The views herein represent the opinions of Insight and are subject to change based on subsequent developments. They are not intended as investment advice or to predict or depict the performance of any investment. The material contained herein is not intended to provide, and should not be relied on for, investment, accounting or legal tax advice. Further, this material does not constitute a recommendation to buy, sell or hold any security. No offer or solicitation for the sale of any security or financial instrument is made hereby.