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The views expressed herein do not constitute research, investment advice or trade recommendations and do not necessarily represent the views of all AB portfolio-management teams. Views are subject to revision over time.
Current and historical analyses do not guarantee future results.
Barbell represented by 50% Bloomberg US Treasury Index and 50% Bloomberg US High Yield Ba/B 2% Issuer Capped Index; BBB by Bloomberg US Corporate Baa Index; US Aggregate by Bloomberg US Aggregate Index. Average Sharpe Ratio is calculated using monthly five-year Sharpe ratios from November1, 2014, through October 31, 2024.
As of October 31, 2024
Source: AllianceBernstein (AB)
Current analysis does not guarantee future results.
Indices used: Bloomberg US Aggregate Index, Bloomberg US Corporate Investment-Grade Index, Bloomberg US Corporate Baa Index, 50% Bloomberg US Treasury and 50% Bloomberg US High Yield Ba/B 2% Capped Index, J.P. Morgan EMBI Global Diversified Index, Bloomberg US Corporate High Yield Index
As of October 31, 2024
Source: Bloomberg and J.P. Morgan
The views expressed herein do not constitute research, investment advice or trade recommendations and do not necessarily represent the views of all AB portfolio-management teams. Views are subject to revision over time.
As Co-Head of Fixed Income and Director of Global Fixed Income, Scott DiMaggio oversees all of AB's Global Fixed Income, Canada Fixed Income and US Multi-Sector Fixed Income strategies, as well as their associated investment strategy, activities and portfolio-management teams. Prior to joining AB's Fixed Income portfolio-management team, he performed quantitative investment analysis, including asset-liability, asset-allocation, return attribution and risk analysis for the firm.
DiMaggio came to AB as a quantitative analyst, drawn by the firm's culture of strong mentoring and smart, collaborative people who wanted to win for their clients.
"The world of fixed income—the world I grew up in—is enormously complex," DiMaggio says. Its complexity needs an active management approach. His investment philosophy combines the lenses of fundamental and quantitative research to generate the information that can lead to risk-adjusted returns for clients. Fully leveraging AB's proprietary technology, it's a process that DiMaggio and his team refine and repeat.
"What we do is process driven and structured," DiMaggio says. "We like to be consistent."
John Taylor is Director of Global Multi-Sector at AB. He is a member of the Global Fixed Income, UK and European Fixed Income, and Absolute Return portfolio-management teams. As a member of the Absolute Return portfolio-management team, Taylor is also the lead portfolio manager across the Diversified Yield Plus Strategies. Prior to this, he was responsible for the management of single-currency portfolios.
Taylor joined the firm in 1999 as a fixed-income trader and was named in Financial News's 40 Under 40 Rising Stars in Asset Management in 2012.