Hartford - Investment Management
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Investment Philosophy
July 9, 2008

The formula for our strength as an asset management company is simple. We combine seasoned and independent judgment, sound fundamental analysis, and sophisticated quantitative tools to drive our company’s disciplined fixed income investment strategy. Because we dedicate resources to all of the major fixed income asset classes, we believe we can offer you and other clients both the depth and breadth necessary to manage your funds in every economic environment.

Each of our sector teams consists of experienced portfolio management, research, trading and risk management professionals. All disciplines contribute buy/sell ideas and decisions are reached through fluid multi-disciplinary discussions.

Each team has in-depth knowledge in all aspects of their market sector and is committed to traditional fundamental research and sophisticated quantitative analysis. Our traders work with each team to locate and value attractive securities and negotiate for the best possible execution, and to opportunistically adjust our positions as conditions and valuations change.

Our traders work in a centralized trading room that facilitates effective communication across all market sectors. In fact, the trading room is the pivotal space in our office where many investment decisions are made. Opportunities in the bond market can be very fluid. Our traders work closely with the analysts and portfolio managers to act quickly within the construct of our clients’ guidelines to implement the trades that we believe represent the best current opportunity. This way, we can quickly assess relative value across sectors and help to ensure that the portfolios we manage are appropriately positioned within the scope of the entire bond market.

Within fixed income, execution can also be a method of adding value to our clients’ portfolios. With sizeable annual trading volume, Hartford Investment Management receives priority attention from our trading partners.

Asset Classes

Our fixed income sector teams focus on the following asset classes:

  • High Grade Corporate and Non-U.S. Government Debt Securities
  • U.S. Government and Residential Mortgage Securities (MBS and CMO's)
  • Structured Securities (ABS and CMBS)
  • High Yield and Bank Loans
  • Non-U.S. Dollar International/Global
  • Money Markets and Enhanced Cash
  • Municipal Bonds
  • Private Placement Debt
  • Emerging Markets

Multi-Sector Management

When managing core, core plus or other broad fixed income portfolios, we utilize a group of experienced multi-sector fixed income portfolio managers.

These managers and a dedicated group of risk management analysts seek to meet the objectives of their specific clients. To do so, they harness the experience of Hartford Investment Management’s fixed income sector teams when constructing and managing their clients' portfolios in an effort to capture the best ideas from each sector team.

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