Corporate Advisory & Banking | Private Banking

Vanward has managed fixed income strategies for public and private institutions and wealthy families. Our approach to fixed income can be summed up in a single sentence: we acquire durable credits* when they are offered at appealing yields. Our taxable, tax-exempt, and inflation-indexed investment strategies are founded on our distinctive investment philosophy and valuation methodology and are designed to generate attractive long-term returns.

Our investment ethos is based on the following guiding principles:
• Historically, credit valuations in fixed income sectors offer recompense in excess of default-driven losses.
• The volatility of credit spreads exceeds that which is warranted by their underlying fundamentals, creating a favourable environment for active management.
• We believe that a patient, long-term approach is required to achieve superior total returns.

Our strategy concentrates on issuers of debt in key market sectors, such as:
• Corporate debt
• Investing in asset-backed securities
• Investments in commercial mortgage-backed securities
• Municipal obligations
• Securities indexed to inflation
• Federal agencies
• Agency-backed mortgage securities
• U.S. Treasuries

Taxable Fixed Income Strategies

Independent credit research that identifies exceptional value across fixed-income sectors.

Tax-Exempt Fixed Income Strategy

Bottom-up credit research designed to identify subsectors of the U.S. municipal bond market with strong value.

US TIPS Strategy

Actively managed “Pure Play” strategy employed in the inflation-indexed market.

*Obligations such as bonds, notes, loans, leases and other forms of indebtedness issued by obligors other than the U.S. Government and its agencies, excluding Cash and Cash Equivalents, and tabulated at the level of the ultimate obligor or guarantor of the Obligation.

NOT FDIC INSURED NO BANK GUARANTEE MAY LOSE VALUE