The US TIPS strategy’s search for value drives the investment process. We believe investment success is most often realized when fundamentals line up with technicals. Comprehensive cyclical macroeconomic analysis provides a foundation for top-down research, which drives strategic duration and yield curve strategies.
The limited liquidity offered in the US TIPS market relative to nominal Treasuries results in opportunities to take advantage of valuation discrepancies that are more tactical in nature. Often these are as a result of issuance or other market technicals where supply and demand equilibrium are temporarily disrupted. We believe this approach is successful because it combines the disciplined approach of time-proven fundamental valuation with the flexibility to adapt to various market environments.
Please note that all investment strategies involve risk.
PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS.