The Preservation Strategy aims to preserve the purchasing power of capital while outperforming the Lehman Brothers Global Inflation-Linked Index over a full market cycle. We differ from most asset management firms who aim to preserve only capital. We believe preserving capital by itself is a meaningless concept – it is the preservation of that capital’s purchasing power that is important.

To achieve this objective, we invest in all major fixed-income sectors with a bias towards high quality debt securities of U.S. and foreign issuers. We add value through issue selection, yield curve positioning, country selection, and currency management.