Our Approach to ESG
The integration of Environmental, Social and Governance (ESG) risk analysis into our existing investment process brings another level of risk assessment to our decision making process. By focusing on discrete risks and potential opportunities related to ESG, we are better able to select those companies with proven business models designed to withstand exogenous shocks. Since inception, Seix has managed portfolios for clients with social exclusions including gaming, weapons and tobacco.
Market Review and Outlook 2Q21 - Leveraged Finance
Another Strong Quarter as Economy Re-opens
Solid economic growth has significantly reduced default risk and should allow leveraged loan and high yield issuers to de-lever and grow into their balance sheets.
Market Review and Outlook 2Q21 - Investment Grade and Tax-Exempt Fixed Income
Peak Growth, Peak Inflation, Rates Rally
As a result of a modestly “less dovish” stance by the Federal Reserve (Fed), long Treasuries were up almost 6.5% in the second quarter after being down 13.5% in the first quarter. Long TIPS (Treasury Inflation-Protected Securities) were up over 8% compared to an 8.8% decline in the first quarter, as they benefited from the upside surprises seen in the consumer price index over the quarter.
Inflation Perspectives with Seix’s Head of Leveraged Finance
George Goudelias shares his latest thoughts on the prospects for inflation and how certain asset classes may help protect portfolios in an inflationary environment.
How a High-Yield Fund Is Becoming a ‘One-Stop Shop’ for Bond Investors
Seix Senior Portfolio Manager Michael Kirkpatrick and his team focus on higher-quality credits that can minimize losses during selloffs, while also looking for mispriced securities to improve performance.
Market Review and Outlook 1Q21 - Leveraged Finance
As rates and inflationary expectations rose, investors in search of higher yields returned to the leveraged loan market in the first quarter. That allowed us to explore a number of new relative value opportunities. We also held on to the names we felt had the liquidity to ride through the pandemic lockdown, and we’re starting to see that benefit now.
Market Review and Outlook 1Q21 - Investment Grade and Tax-Exempt Fixed Income
Steeper Curve, Record Liquidity, and Robust Growth Prospects
With rates rising every month of the first quarter and negative total returns across the board, one might assume that would lead to massive outflows in the investment grade taxable category. On the contrary, it was the exact opposite. An unquenchable thirst for yield led to consistent inflows.