LMCG’s Fixed Income Team employs an active investment approach that seeks a balance between maximizing total return and minimizing principal risk.
LMCG’s Fixed Income Team manages both taxable and non-taxable portfolios utilizing various strategies. Our investment process is rooted in rigorous fundamental analysis while also emphasizing overall risk management.
We employ a conservative, active fixed income approach that seeks a balance between maximizing total return and minimizing principal risk. We utilize a combination of top-down and bottom-up analysis and both fundamental and quantitative tools to construct our portfolios. We believe that market risks, the economic cycle, inflation, taxes and movements in interest rates require an active approach to investing in fixed income. We believe an intermediate average portfolio duration is optimal as it maximizes income and return while minimizing the impact of interest rate movements caused by changes in the Fed Funds rate, economic growth or inflation.
LMCG Strategy Offerings
LMCG Core Bond
LMCG Institutional Core Bond
LMCG Municipal Bond
LMCG Core Bond ETF
LMCG Municipal Bond ETF
Our Municipal Bond ETF strategy is designed for clients seeking income exempt from federal income taxes. The strategy is specifically designed for smaller account sizes and seeks to maximize income that is exempt from federal taxes. The strategy invests in a diversified mix of ETFs to achieve the desired interest rate exposure, yield curve position, and credit quality that is consistent with our macroeconomic outlook. In constructing the optimal mix of ETFs, we will consider premiums and discounts, liquidity, tracking error, fees, as well as the mix of ETF providers and administrators to construct the optimal liquidity, diversification, and yield and risk profile.