Strategies & Capabilities


Fixed Income

Objective Thinking Yields Innovative Solutions

Our conservative management approach aims to preserve and protect your investment, and is reinforced by State Street Global Advisors’ dedicated credit research team, one of the largest and most experienced in the industry.

As one of the world’s dominant players in the global bond, cash and repurchase agreement markets, we have unique insights into market liquidity and positioning across fixed income asset classes. As markets restructure, and liquidity is increasingly challenged:

  • Our portfolio managers have deep visibility into liquidity trends, helping them to build more robust portfolios
  • We use the strength and scale of our relationships with trading counterparties to continuously help improve access to liquidity

Our Expertise*


40 Years

Experience in cash and short maturity markets

$850B+

USD Total Fixed Income AUM

140

Dedicated fixed income professionals globally


Our Approach


The investment approach of the State Street Floating Rate Fund is to retain principal and provide daily liquidity by investing in a set of high quality diversified securities using active portfolio management.

  • Preservation of Principal Aims to ensure preservation of principal, we create diversified portfolios that have high credit quality and short duration.
  • Liquidity To help provide daily liquidity, we have structured a short duration portfolio designed to accommodate client cash flows.

These two fundamentals work together to provide an attractive enhanced cash return. While many market factors contribute to return outcomes, our large and experienced global credit research team use a broad range of tools to conduct fundamental credit research. This ensures that the Fund can add value in a conservative manner whilst also managing the risks.

The Australian based Portfolio Managers are ultimately responsible for the investment strategy. The Portfolio Managers make relative value trading decisions and evaluate the size of investments relative to market liquidity to minimise market impact. 


Our Fixed Income Solutions


Meet the Team


simon-mullumby

Simon Mullumby, CFA

Senior Portfolio Manager, Sydney

Responsible for the management of index cash funds, stock lending collateral and domestic bond strategies.


attilio-qualtieri

Brett Purkiss  

Portfolio Manager, Sydney 

Responsible for the management of index cash funds, stock lending collateral and domestic bond strategies.


attilio-qualtieri

Attilio (AJ) Qualtieri 

Senior Analyst, Global Credit Researcher Team, Boston 

Responsible for the research and credit analysis of banks, broker/dealers and other financial institutions in the U.S., Canada and Australia.


Our Latest Thinking


Fixed Income: A Tale of Two Halves for Credit and FRN’s

The senior unsecured credit spread rally continued into Q3.

Read More


Contact Us


For more than 30 years, research and innovation have been at the core of our efforts to deliver outperformance for our clients. 

Contact your State Street Global Advisors relationship manager, or email us to learn how to invest in Fixed Income.

Footnotes

* As of June 30, 2019