LIM follows a fundamental, bottom-up approach, which capitalizes on opportunities created by inefficiencies in the fixed income market. LIM's philosophy is based on the premise that outperformance can be delivered consistently by focusing on the risks to a portfolio. Investors are best served by avoiding underperformers and diminishing volatility through rigorous research and diversification. Our approach is based on protecting our clients’ assets from the downside risks in the market. Our size facilitates direct interaction between clients and investment professionals, while enabling us to participate in a wider range of investment opportunities and market inefficiencies.
LIM’s equity strategies seek to deliver strong risk-adjusted returns by employing a systematic fundamental active approach to identify mispriced securities. Our flagship portfolios focus on equity income in order to dampen portfolio volatility and enhance returns over a full investment cycle. We offer U.S., International, and Emerging Market equity strategies across the style spectrum that can be customized to meet a client’s unique needs, tax considerations, or ESG goals.
LIM’s philosophy and approach aim for absolute returns and low realized volatility, with minimal correlation to traditional fixed income and equity markets, using top-down risk management with bottom-up security selection. Our flagship arbitrage strategy, that LIM has managed for over 30 years, typically invests in equity or fixed income securities of companies involved in corporate event-driven activities. The firm also offers a stand-alone SPAC strategy which uses of special purpose acquisition companies (SPACs) as vehicles that can provide principal protection while allowing for potential upside.
LIM’s Credit Opportunities strategy employs a value-oriented, event-driven approach that focuses on underfollowed small- to medium-sized capital structures, targeting high single digit returns with low correlation to risk assets.
Our advanced systems allow us to provide customized solutions for your portfolio. We work with clients who have specific needs and restrictions (sector, duration, industry, quality and issuer) and build the appropriate portfolio and benchmark around those guidelines while remaining consistent with our underlying philosophy and process.