At GIA, our investment process is simple, disciplined and repeatable.
- Fundamental factors drive long-term investment returns.
- Macro risks are difficult to diversify and should not constitute a key source of excess return.
- Credit risk is well compensated, measurable and diversifiable.
- Disciplined credit research by experienced analysts across industries, rating categories and national boundaries adds value.
We take a global approach to our research and build yield-advantaged portfolios from the bottom up, one bond at a time. We are seeking excess return from analyzable and diversifiable sources — sources that are often misunderstood, less followed, or of limited interest to larger “macro” driven investors. We believe this is a competitive advantage and enhances our ability to generate strong performance.