Investment Strategy

At ARS, our focus is to maintain and build purchasing power over time. Thus, our approach to fixed income investing is to earn an appropriate level of income consistent with capital preservation. We do not lower the standards for creditworthiness in the search for extra yield because, as we have seen, far too often this approach leads to excessive loss of capital.

Investment Process

Allocation Strategy

Our economic outlook is an important element in our assessment of interest-rate levels and creditworthiness for our evaluation of the bond market. We gauge the current interest rate structure to determine the best yield for a portfolio relative to the acceptable level of risk within our outlook for inflation.

Portfolio Construction

This top-down view is combined with fundamental analysis to evaluate credits across securities.

  • Portfolio positioning is based on careful consideration of acceptable credit, yield-curve and reinvestment risk relative to the amount of return generated — we evaluate the best strategy based on the yield objective of the portfolio and the risk tolerance we deem acceptable.
  • We invest primarily in corporate, U.S, and municipal debt securities, avoiding asset-backed, mortgage-backed and derivative securities, and do not employ the use of leverage.
  • In addition to individual security selection, we look at the relative value of sectors, sub-sectors, industries and corporate issuers when determining portfolio allocations.

Our Strategies

A differentiated range of investment strategies

Our team of seasoned investment professionals work collaboratively to develop and deliver high-conviction, low-correlated strategies designed to help clients achieve their financial objectives.

Accredited Investor Affirmation

Do you understand the definition of “accredited investor” provided in the link at the bottom of this page?


After reading and understanding the definition of ‘accredited investor’ in the link at the bottom of this page, do you affirm that you qualify as an accredited investor?


Click here to read the accredited investor definition.

The information you are requesting is available only to investors that meet the criteria of accredited investors.

Please contact us if you would like to discuss this requirement or any other information available on our site.

Contact Us