The Mutual Advantage

Fixed-Income Specialists
Guiding with Confidence Through All Markets

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We are committed to serving the institutional marketplace by offering fixed-income investment solutions with client-focused services.

These solutions are accessible through separate accounts, sub-advisory relationships and various commingled vehicles.

With over $41 billion in assets under management as of June 30, 2025, we are dedicated to creating value through a prudent, thoughtful and rigorous investment decision-making process.

Our Firm & Culture

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Our tailored investment strategies incorporate a unified investment philosophy and process across the fixed income risk spectrum.

Experience, Performance and Stability

32 Investment Specialists & Professionals
36 Year Track Record as an Independent Business
$41.2B Assets Under Management
  • $30.8B Insurance
  • $2.3B Separately Managed Accounts and Pooled Vehicles
  • $8.1B Manager of Managers
As of June 30, 2025

Thought Leadership & Market Insights

Skinny Excess Returns for IG Corporates

Skinny Excess Returns for IG Corporates

By James G. Faunce | July 17, 2025

Investment grade (IG) corporate credit spreads have come full circle since earlier this year. Remarkably, the spread widening that followed “Liberation Day” is a distant memory. In recent weeks, IG spreads have returned to a …

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