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Practical Pessimism: Brown Advisory’s Approach to Credit Research

Brown Advisory

Practical Pessimism: Brown Advisory’s Approach to Credit Research. achen. Thu, 05/25/2017 - 10:02. A credit investor’s success rests on the strength of his or her credit research and ability to translate that research into smart capital allocation decisions about individually attractive bonds. That may sound like an obvious point, but fixed income portfolios are not always guided by that principle—some are guided more by an effort to conform to a benchmark index, while others focus on driving re