Jones Heward's fixed income investment philosophy is based on the principle that the primary goal of a fixed income portfolio is capital preservation and to control risk.

Our fixed income approach emphasizes adjusting duration positioning to reflect value, placing a focus on parameters such as real yields relative to historic norms, economic momentum and inflation trends in the context of the monetary and fiscal policy backdrop.

The process of portfolio construction concentrates on the key strategy components of duration, maturity structure and sector weightings. Appropriate diversification within and across each of these components is also an objective. Deviations from market neutral benchmarks are analyzed and continually monitored to control portfolio risk.