Western Asset's UK High Alpha composite includes portfolios that employ an active, team-managed investment approach around a long-term, value-oriented investment philosophy. These portfolios use diversified strategies and all investment-grade and below investment-grade sectors of the fixed-income market in seeking to add value while minimizing risk.

Exceed the benchmark return by 150 basis points annually over the course of a market cycle while approximating benchmark risk.

Construct a portfolio using all major fixed-income markets and sectors. Value can be added through duration, yield curve, sector rotation, issue selection and non-UK exposure.