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Forward-Looking Fixed Income Investing

Climate Investing

View our latest climate investing insights

HERE'S WHAT WE'RE ABOUT

Investment Grade Fixed Income Focus

Since our founding, Breckinridge has focused exclusively on managing investment grade fixed income portfolios for clients.

INTENSE RESEARCH & ANALYSIS

Rigorous, independent research is a hallmark of Breckinridge, driving security selection and ensuring that holdings meet our standards for risk and return.

EXPERTS IN ESG INTEGRATION

We believe that there is a powerful investment case for sustainability, and we view ESG factors as critical to our investment research and analysis.

CUSTOMIZED SEPARATE ACCOUNTS

How you invest matters. At Breckinridge, we believe customized separate accounts offer important benefits to our clients.

EMBRACING TECHNOLOGY

Breckinridge’s commitment to innovation and technology continues to bring more impact, agility and efficiency to our client portfolios.

People

INNOVATION DRIVEN BY

Our People

Matthew Buscone

Executive Vice President and Co-Head of Portfolio Management, oversees municipal bond portfolio management and heads our San Diego office.

I’ve been with Breckinridge for over 14 years and I never would have imagined that we would have been able to put as many ideas into practice as we have.

Meet Matthew

Timothy Coffin

Senior Vice President and Director of Sustainability, leads the firm’s corporate sustainability efforts and helps further business development.

Breckinridge embraces sustainability not only in our business philosophy, but also in our investment philosophy. We firmly believe that analyzing material ESG factors and integrating that into our research process makes us smarter investors.

Meet Timothy

Nicholas Elfner

Senior Vice President and Co-Head of Research, leads the firm’s corporate research efforts and sits on the Investment Committee.

Research is at the core of what we do at Breckinridge. Half of our investment team consists of research analysts. We have a strong research culture here.

Meet Nicholas

Get to know Breckinridge.

Meet the team
Insights

STAY INFORMED WITH OUR LATEST

Insights

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Investment Grade Fixed Income Focus

Breckinridge strives to provide solid fixed income returns, especially in periods of economic distress and uncertainty when riskier assets, such as equities, are out of favor. These are the times when fixed income returns are likely to matter most to investors.

While we are opportunistic and always look to add value and return, we are disciplined trying to limit risk and remaining faithful to our mandate of seeking a safe, reliable source of income and capital for our clients.

Since inception, Breckinridge has never strayed from this mandate.

Learn more about our dedication to investment grade fixed income

INTENSE RESEARCH & ANALYSIS

Far more than a formality, the proprietary research opinions of our experienced analyst team provide critical input on existing and prospective bond investments.

With an investment philosophy that centers on striking the right balance between mitigating risk and pursuing return, in-depth research forms the core of our investment process. Our analysts conduct intense bottom-up analysis to ensure that our investments meet our high standards for risk and return.

In conducting research, we aim to gain the broadest, most comprehensive view of an issuer. To that end, we never stop challenging ourselves to intensify the rigor of our analysis. It’s a relentless pursuit that continues to help push our research forward. 

Learn more about our rigorous analysis

EXPERTS IN ESG INTEGRATION

We are among the leaders in integrating environmental, social and governance (ESG) factors into fixed income analysis and we are deeply committed to continuous innovation in sustainable investing.

We believe that ESG integration enables us to gain deeper insight into the underlying risk and value of an investment. As investment grade fixed income investors, we prioritize long-term value creation over short-term market gains, and we believe that ESG considerations align with this perspective.

We integrate ESG research across our assets under management and offer clients a range of specifically designated sustainable strategies that emphasize ESG.

Learn more about our ESG integration philosophy and capabilities
Related ESG Insights

Why ESG Integration Matters

How ESG analysis helps us develop deep insights that drive smart investment decisions.

Municipal Engagement Yields Additional Insights

By Robert Azrin , Ruth Ducret , Robert Fernandez , Andrew Teras

In our latest perspective, we highlight various city sustainability initiatives and other key ESG themes from our 2018 engagement calls.

VIEW ALL ESG INSIGHTS

CUSTOMIZED SEPARATE ACCOUNTS

Breckinridge strongly believes in the merits of owning investment grade fixed income securities directly.

A portfolio of individual bonds helps provide a reliable cash flow of income and capital that is earned independent of the market.* This is an important way in which bonds can meaningfully counterbalance riskier assets and provide a safe haven in times of market dislocation.

Breckinridge has placed significant resources into systems that allow us to efficiently build, manage and customize separate accounts to properly align with each client's objectives, risk tolerances and liquidity needs.

*Assumes no bond issuer defaults, which are rare among investment-grade bond issuers.

Learn more about our commitment to customized separate accounts

EMBRACING TECHNOLOGY

Breckinridge is constantly enhancing the systems and technology that form the backbone of our investment process.

We recognize that the portfolios we manage are often the bedrock of our clients' investment portfolios, so we understand how important it is for us to execute at the highest level. Breckinridge is committed to innovation in order to keep strengthening our caliber of investment grade fixed income management.

My team’s goal is to exhaust every opportunity we have to make things better. Anything we can do to make this business more successful, we will do that.

Jesse Starks, CTO
Learn more about our culture of innovation