NEW YORK, May 14, 2015 (GLOBE NEWSWIRE) -- Guggenheim Investments, the global asset management and investment advisory business of Guggenheim Partners, has been named winner of Institutional Investor's 6th annual U.S. Investment Management Awards for Core Plus Fixed Income1.
The awards recognize U.S. money managers across asset classes, strategies, and product types that stand out in the eyes of the investor community for their exceptional performance, risk management, and customer service. In selecting the winners, Institutional Investor began by looking at returns, asset size, and other evaluation criteria. From that review, the magazine surveyed 1,000 institutions and used the results of that survey to tabulate the winners.
"We're honored by this award, which reflects the opinions of the industry's most sophisticated investors," said Guggenheim Chairman of Investments and Global Chief Investment Officer Scott Minerd. "Our innovative core plus fixed-income investment process is well-respected by savvy institutional investors, a fact that consultants and financial advisors continue to note."
An emphasis on comprehensive due diligence across the fixed-income universe is a critical component of Guggenheim's Core, Core Plus, and Multi Credit Fixed Income investment process. Benefiting from the collective insight of a 150+ member fixed-income investment team, Guggenheim identifies compelling relative value opportunities across the full spectrum of the market, including ABS, RMBS, CMBS, investment grade corporates, high yield, bank loans, preferred securities, municipals, and Treasury and agency securities.
Guggenheim's investment strategies combine this in-depth security research with insightful macroeconomic and capital markets analysis to drive security and sector allocation and other portfolio construction decisions. This approach has helped the Firm successfully navigate client portfolios through a variety of market environments and produced top-decile results since inception relative to their manager universe2.
Guggenheim's Core, Core Plus and Multi Credit strategies are part of the Firm's integrated $141 billion fixed-income platform. These strategies are available as separate accounts as well as mutual funds delivering institutional-caliber management to individual investors. In addition, Guggenheim soon will be launching a Core Plus Fixed Income commingled fund.
About Guggenheim Investments
Guggenheim Investments is the global asset management and investment advisory division of Guggenheim Partners with $204 billion3 in total assets across fixed income, equity, and alternative strategies. We focus on the return and risk needs of insurance companies, corporate and public pension funds, sovereign wealth funds, endowments and foundations, consultants, wealth managers, and high-net-worth investors. Our 275+ investment professionals perform rigorous research to understand market trends and identify undervalued opportunities in areas that are often complex and underfollowed. This approach to investment management has enabled us to deliver innovative strategies providing diversification opportunities and attractive long-term results.
1The award is based on returns and risk characteristics for Guggenheim Investments' Multi Credit Fixed Income strategy. 2 As of 03.31.2015. Over the last 1-, 3-, 5-, 7-,10-year, and since inception periods, gross returns for Guggenheim's Core Fixed Income Master Composite ranked in top 2%, 4%, 2%, 6%, 10%, and 10% in the eVestment Alliance U.S. Core Plus Fixed Income universe versus 147, 144, 138, 127, 112, and 69 competitors, respectively. Over the last 1-, 3-, 5-, 7-year, and since inception periods, gross returns for Guggenheim's Multi Credit Composite ranked in top 58%, 1%, 1%, 1%, and 2% in the eVestment Alliance U.S. Core Plus Fixed Income universe versus 161, 157, 151, 137, and 133 competitors, respectively. Data taken from eVestment Alliance on 04.23.2015. 3 Guggenheim Investments total asset figure is as of 03.31.2015. The assets include leverage of $12.63 billion for assets under management and $0.50 billion for assets for which we provide administrative services. Guggenheim Investments represents the following affiliated investment management businesses: Guggenheim Partners Investment Management, LLC, Security Investors, LLC, Guggenheim Funds Investment Advisors, LLC, Guggenheim Funds Distributors, LLC, Guggenheim Real Estate, LLC, Transparent Value Advisors, LLC, GS GAMMA Advisors, LLC, Guggenheim Partners Europe Limited and Guggenheim Partners India Management.
Past performance should not be construed as a guarantee of and may not be indicative of future performance. The information presented above is intended for informational purposes only and is not an offer to buy or sell, or a solicitation of an offer to buy or sell, any security or fund interest.
About the Institutional Investor U.S. Investment Management Awards
As part of the awards process, Institutional Investor's editorial and research teams analyze investment strategies based on factors such as 1-, 3- and 5-year performance, Sharpe ratio, information ratio, standard deviation, and upside market capture. Each category is analyzed based on the factors used by institutional investors in their own searches.
CONTACT: Media Contact Ivy McLemore Guggenheim Partners 212.518.9859 - office 917.809.0725 - mobile Ivy.McLemore@guggenheimpartners.comSource: Guggenheim Investments