Western Asset
Description
Western Asset's US Corporate composite includes portfolios that employ an actively managed approach that is risk controlled and assimilates the Firm's top-down macro-economic views with credit analysts' fundamental and relative value views regarding industry and issuer opportunities in an effort to build and maintain a portfolio that generates strong risk-adjusted returns.
Objective
Exceed the benchmark by 75 basis points annually over a 3- to 7-year period while approximating benchmark risk.
Approach
Construct and maintain a diversified portfolio of investment-grade bonds. Value can be added through issuer/issue selection and sector rotation. Western uses various tools, both external and proprietary, to help identify, measure and manage portfolio risk.
Snapshot
Benchmark:
Lehman Brothers Credit Index
Constraints:
Duration Exposure: ±20% of benchmark
Individual Holdings: <5% per issuer
Assets Under Management:
Total US Investment Grade Credit Assets: US$3.9 billion
Inception Date:
January 01, 1974
How to Invest
Please contact your Client Service Executive or call our main number.