High Yield

At Standish, we believe the success in managing a high yield bond strategy relies upon the importance of loss avoidance given the asymmetric return / risk profile of bond investing. Our goal is to achieve an attractive total return while bearing less than commensurate risk over a three and five year investment cycle. Our investment style is a fundamental, value based research process where industry selection is paramount. Bottom-up company selection is supported by rigorous analysis to identify market inefficiencies to assist us in achieving our investment goal of consistent, attractive risk adjusted returns.