Multi Asset

Flexible and dynamic multi asset strategy designed to deliver attractive absolute
and risk-adjusted returns

The Multi Asset strategy has the full flexibility to invest across the breadth of opportunities generated by Guggenheim’s $198 billion* investment platform. The strategy seeks to deliver attractive absolute returns while reducing volatility and drawdowns over full market cycles. The strategy seeks to invest across the full spectrum of the fixed income markets and tactically allocates to equities and alternatives as changing market conditions generate undervalued investment opportunities.

Strong Track Record** and Rigorous Risk Management

The strategy has delivered net returns of 7.9% per annum since inception in 2007. Risk management is embedded in every step of our investment process, helping the strategy deliver these strong returns with low volatility.

Opportunistic Positioning

The Multi Asset strategy employs a flexible, dynamic investment approach designed to incorporate Guggenheim’s rigorous bottom-up security research and extensive macroeconomic insight.

Our fixed income investment professionals use a fundamental credit-intensive research process that incorporates our deep knowledge of security types, industries, structures and issuers.

We invest across the full spectrum of the fixed income market, including asset-backed securities, investment grade and high yield corporates, bank loans, residential and commercial mortgage-backed securities and municipals. Many of the securities we research are complex and underfollowed by other market participants.

To capitalize on inefficiencies across different markets and align the strategy’s positioning with our macroeconomic and capital markets views, we use a combination of common stocks, ETFs and derivatives to gain long and/or short exposure to equities and alternatives across global markets.

Derivative instruments are also used to provide downside protection or take advantage of specific market events like changing interest rates and credit spreads.

Solution for Current Environment

Currently, yields for traditional fixed income securities are at historically low levels while many investors are concerned about interest rate volatility and equity valuations. Combining rigorous bottom-up research in underfollowed fixed income segments with the opportunistic use of equities and alternatives enables the strategy to deliver attractive absolute and risk-adjusted returns with a high current yield in this challenging market environment.

Key Investment Professionals

James Michal James Michal
Portfolio Manager

Jayson Flowers Jayson Flowers
Portfolio Manager

Learn More
The Multi Asset strategy is available as a private commingled fund. For more information, please contact us.




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• Not FDIC Insured • No Bank Guarantee • May Lose Value

Guggenheim Investments Guggenheim Investments

Guggenheim Investments

Guggenheim Investments is the global asset management and investment advisory division of Guggenheim Partners, with $198 billion1 in 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, wealth managers, and high-net-worth investors.

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