Bond prices and yields move inversely to each other – as a bond’s price falls, its yield rises, and vice versa.
Bond yields and prices shift constantly in response to market forces: interest rate expectations, the credit quality of the issuer, and evolving supply and demand conditions.
Duration is often said to measure a bond’s sensitivity to changes in interest rates, because it describes what is likely to happen to a bond’s price for a given change in the bond’s yield.
For fixed income investors, duration is a crucial metric for understanding how exposed your portfolio may be to changes in monetary policy.
Our business is built on relationships and driven by a clear purpose: to deliver lasting value through thoughtful stewardship and trusted relationships. Our firm’s character is defined by focus, transparency, and a willingness to adapt in a changing world. These principles shape the way we think, communicate, and partner with our clients every day.
We are fixed income leaders with a singular focus on high conviction, active management
We pride ourselves on educating investors and helping them to choose fixed income investments with the best risk-adjusted returns
We operate collegiately, sharing risk and reward. Our investment process is highly collaborative and depends on mutual respect, debate and diverse perspectives
A predisposition to challenging the status quo combined with an instinct to innovate and think creatively are essential qualities we foster in our team
