Fixed Income Management

Berkshire believes the role of fixed income in a client’s portfolio is to provide safety of principal, periodic cash flow, liquidity and most importantly, control portfolio risk. Berkshire manages taxable and tax-free bond portfolios.

Berkshire Asset Management Fixed Income Mandates:

  • Exceed the return of a designated index over an interest rate cycle
  • Provide consistent and steady cash returns
  • Manage a liquid bond portfolio
  • Be opportunistic regarding the term structure and level of interest rates
  • Exclude fixed income sectors that may have the potential for higher returns but have greater risk
  • Exclude fixed income sectors that will have increased correlation with stocks during a declining equity market
  • Keep imbedded transaction costs low