Country for PR: United States
Contributor: PR Newswire New York
Tuesday, February 11 2020 - 11:38
AsiaNet
Australia's Perpetual Selects Thornburg for Fixed Income Strategy
SANTA FE, New Mexico, Feb. 11, 2020 /PRNewswire-AsiaNet/ --

- Thornburg enters Australia with a suite of income-generating investment 
solutions

- Perpetual has invested in Thornburg's Multisector Opportunistic strategy

Thornburg Investment Management (Thornburg), a global investment firm that 
oversees $44 billion[1], today announced that Perpetual, a diversified 
financial services company serving Australians since 1886, has made a 
commitment to Thornburg's Multisector Opportunistic credit strategy.  

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"We look forward to partnering with Thornburg and accessing their Multisector 
Opportunistic credit strategy via a separately managed account and their 
upcoming fund for Perpetual Private's Implemented Fixed Income Portfolio and 
Fixed Income Model Portfolios respectively," said Theo Sofios, head of 
multi-manager for Perpetual. "Thornburg provides our portfolios with a 
simplified and transparent exposure to an unconstrained credit strategy." 

The Multisector Opportunistic strategy is global and income-oriented with a 
flexible mandate focused on paying an attractive, sustainable yield. The 
portfolio invests in a combination of income-producing securities with an 
emphasis on higher-yielding fixed income. The strategy was incepted in 2008 and 
is co-managed by Jason Brady, Jeff Klingelhofer, Lon Erickson, and Christian 
Hoffmann.  

"We're excited to bring our investment solutions to institutions in Australia 
and begin our first partnership in the country with Perpetual," said Thornburg 
President and CEO Jason Brady. "As active managers, we believe our prudent, 
risk-adjusted approach to portfolio construction in Multisector Opportunistic 
provides the long-term, steady income that many Australian investors seek." 

Since 2018, Thornburg has partnered with Australian-based Terrain Placement 
Services to offer investment solutions to Australian super funds and 
institutional investors. 

About Thornburg 

Thornburg Investment Management is a privately-owned global investment firm 
that offers a range of multi-strategy solutions for institutions and financial 
advisors. A recognized leader in fixed income, equity, and alternatives 
investing, the firm oversees $44 billion[1] as of December 31, 2019 across 
mutual funds, institutional accounts, separate accounts for high-net-worth 
investors, and UCITS funds for non-U.S. investors. Thornburg was founded in 
1982 and is headquartered in Santa Fe, New Mexico. 

At Thornburg, we believe unconstrained investing leads to better outcomes for 
our clients. Our culture is collaborative, and our investment solutions are 
highly active, high conviction, and benchmark agnostic. When it comes to 
finding value for our clients, it's more than what we do, it's how we do it: 
how we think, how we invest, and how we're structured. 

For more information, visit www.thornburg.com. 

Media Inquiries  
Michael Corrao 
Director of Global Communications
Thornburg Investment Management 
Tel: +1 (505) 467-5345  
Email: mcorrao@thornburg.com 

This should not be considered an endorsement or recommendation by any such 
client of Thornburg Investment Management, Inc. or the advisory services 
provided to such client. 

[1] Includes $42.6 billion in assets under management and $1.5 billion in 
assets under advisement as of December 31, 2019 

SOURCE :  Thornburg Investment Management