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Active Corporate Fixed Income Strategy

The strategy seeks to outperform the Bloomberg US Credit Index through a relative value orientation, which considers fundamental credit analysis, including sector, quality, and yield curve placement.

  • 10+ year track record that was born from the firm’s core competency—credit analysis 
  • Explicit measures of risk and determinants of value utilized in both the investment and risk management processes
  • Top-down management of spreads coupled with fundamental analysis 
  • Supported by a team of industry sector specialists averaging 21 years of experience
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Investment Grade Corporate Credit

STYLE

Bloomberg US Credit

BENCHMARK

January 1, 2005

INCEPTION

$2.9 Billion

ASSETS UNDER MANAGEMENT

As of 09/30/2024

US Corporate Fixed Income

EVESTMENT UNIVERSE

Separate Account

INVESTMENT VEHICLE

Philosophy

The team believes that in order to generate consistent alpha, a fundamental analysis must be combined with:

  • Top-down management of spread risk using explicit measures of valuation and risk
  • Relative value framework with a focus on downside risk
  • Return profile assessment at the individual security level

Portfolio Construction

  • Invests primarily in investment grade bonds
  • Focus on sectors with strong commitment to investment grade ratings
  • Seek opportunities in rising star credits
  • Well diversified, average position size 1% to 1.5%

Management Team

Paul Tomich

Paul A. Tomich, CFA

Vice President, Senior Portfolio Manager

Career Summary
Fort Washington Investment Advisors, Inc.

Education 
BSBA - Xavier University

Meet Paul Tomich
Jon Westerman

Jonathan P. Westerman, CFA, CPA

Vice President, Portfolio Manager, Head of Investment Grade Research

Career Summary
Western & Southern Financial Group
PricewaterhouseCoopers LLP

Education 
BS - University of Kentucky
MBA - Xavier University

Meet Jonathan Westerman
Jay Devine

Jay M. Devine

Vice President, Senior Fixed Income Trader, Senior Portfolio Manager

Career Summary
Western & Southern Financial Group
Merrill Lynch

Education 
BBA - Ohio University
MBA - Northern Kentucky University

Meet Jay Devine

Connect with Fort Washington

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