Separate Accounts

Fixed-income asset management is among our strengths. Our separate accounts enable investors to take advantage of a plan designed specifically to manage their particular needs.

PFMAM takes a rigorous approach toward achieving two primary objectives:

• Outperforming relevant short- and intermediate-term benchmarks
  
  
• Producing consistent returns that have less volatility than passive approaches

The PFMAM approach also seeks to avoid credit risk and minimize market risk — two critical aims of many institutional investors.

Customized approach, consistent results 

We customize the separate account strategies to meet each client’s specific objectives and circumstances.

These strategies may include varying average maturity in anticipation of yield curve and interest rate changes, shifting sector allocations as relative value changes, and swapping from one security to another as the market presents opportunities.