Aims to provide a high level of income and capital appreciation and seeks low volatility and sensitivity to changes in credit spreads and interest rates through a securitized product portfolio.
Why This Strategy?
Jay Menozzi and Boris Peresechensky, who have a combined 50+ years’ experience investing in the securitized fixed income markets, have been working together since 2005.
Our bottom-up intrinsic value investing approach, characterized by higher yield, low volatility, and consistent returns, is designed to take advantage of opportunities across the inefficient securitized fixed income universe.
Leveraging the team’s deep expertise, we source and execute across sectors, utilizing our two-step intrinsic valuation process to uncover bonds with latent value that can accrue to the portfolio over time, regardless of market environment.