Fixed Income
ING U.S. Investment Management believes that fixed income markets are diverse, dynamic and interrelated. Moreover, fixed income sector returns vary more over time than a casual observer might suppose, potentially offering uncorrelated sources of excess returns. We believe that relationships across multiple alpha sources change over the course of economic cycles, and regardless of the market environment, a dynamic, balanced investment process, centered on a deep understanding of the global macro environment will produce consistently superior returns in a risk-controlled manner.
A dynamic, balanced investment process, centered on the global business environment
Characteristics of the fixed income organization
- Size and scale in diverse global markets support operational resources
- Flat organizational structure fosters focus and accountability
- Team goals are tied to client success
Characteristics of the investment process
- Interactive communication transforms disparate information into actionable insights
- Security level research discovers relative value and confirms macro themes
- Agility to move quickly and apply all investment levers, including security selection, in impactful ways
- Fundamental analysis and quantitative tools are incorporated throughout the process
- Active risk budgeting assures consistency with client objectives
- Independent risk team oversees and validates exposure limits
- Investment strategies are well defined, well resourced and transparent
- A global team of local market specialists examines the widest possible opportunity set
- Deep, stable, experienced investment team
- Macro-economic and capital market themes influence every step of the decision process
