Spectrum Asset Management
Spectrum Asset Management is one of the largest money managers in the world specializing in the preferred and capital securities market. Founded in 1987, Spectrum specializes in the management of diversified preferred security portfolios for an international universe of corporate, pension fund, insurance and endowment clients, and open-end mutual funds. The firm's strategies focus on high quality, global preferred and capital securities, as well as other subordinated fixed income securities that can foster income and supplement up-in-quality, down-in-capital structure investments.
Associated People
Kevin Nugent
2012 - present
L. Philip Jacoby
2010 - present
Mark Lieb
1987 - present
Matthew Byer
2007 - present
ABOUT SPECTRUM ASSET MANAGEMENT
Spectrum Asset Management is a world-leading manager of preferred and capital securities.
The firm has over more than 30 years of active management in preferred and capital securities under a variety of credit, interest rate, evolving regulatory, and market conditions.
The firm has over US $20.4 billion in assets under management as of September 30, 2024, which includes $4.6 billion in SMA advisory assets.
INVESTMENT PROCESS
The firm utilizes a mosaic approach to examine, review and monitor every issuer of preferred securities, with focus on fundamental, qualitative and quantitative credit analysis.
A relative-value, top-down, security selection process.
The firm utilizes proprietary data and information systems. They select securities based on their structure, market sector and relative value considerations.