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Investment Approach

Columbia Core Plus Fixed Income is a diversified portfolio focused on investment-grade credit with the flexibility to pursue relativevalue opportunities across the fixed-income landscape. We seek to outperform regardless of market conditions by diversifying potential sources of alpha across sector rotation, security selection, yield-curve positioning, and duration management. Proprietary, fundamental research anchors our process, and the strategy constructs portfolios based on the independent examination of individual securities rather than an overarching macroeconomic view.

Distinguishing Features

  • Multi-sector and single-sector strategies managed by dedicated teams that leverage common resources and sector expertise
  • Strong commitment to independent research
  • Rigorous, systematic investment oversight

Investment Process

The Columbia Core Fixed Income team constructs its portfolio using the following approach:

  • Managed by an independent, multi-sector fixed- income team with a focus on relative valuation, removing the risk of emotional investment decisions and consistent sector biases
  • Portfolio managers are members of the Global Asset Allocation Committee and implement views into investment portfolios across a risk continuum
  • Leverage the global fixed-income organization for bottom-up security selection, providing access to 4 and 5 star sector-specific investment teams
  • Seeking to add alpha through multiple sources of risk and return, including out-of-benchmark opportunities