Global Credit Plus Fixed Income

The GIA Global Credit Plus Fixed Income strategy consists of broadly diversified portfolios invested in fixed income securities issued by corporations and quasi-sovereign entities globally. The strategy can invest in high yield and below-investment grade emerging markets. The securities universe includes investment grade bonds, global high yield, emerging markets debt, government bonds, and other income-oriented securities.

Key Attributes

  • Bottom-up, fundamentally-driven investment approach
  • Credit research focused on creditworthiness and relative value.
  • Limited exposure to macro risks (interest rates, currency)
  • Portfolio construction objective: build yield-advantaged portfolios
  • Apply macroeconomic and geopolitical overlay
  • Risk factor analysis guides portfolio exposures.
  • Active risk management and portfolio review
  • Average credit quality BBB/BB
  • Currency: U.S. dollars
1Q25-GIA-Global-Credit-Plus-Fixed-Income-Fact-Sheet
Fact Sheet

Little Fixer Uppers
(Move Over Joanna and Chip)

No reason to build a new house if the neighbors have already done it for you. Meerkats are great at digging, but they typically just move in to burrows already dug by other animals, such as ground squirrels. They often have as many as 15 entrances and exits with all sorts of chambers and tunnels, some more than six feet deep. There are separate chambers for sleeping and going to the bathroom. A meerkat mob usually has several burrow systems and will relocate every few months.