Frequently Asked Questions (FAQ)
What makes Payden & Rygel different from other global investment managers?
Payden & Rygel stands out as a privately owned, independent investment manager specializing in active fixed income and global strategies since 1983. Our independence supports unbiased decision-making, client-first portfolio construction, and long-term risk-adjusted performance across market cycles.
How does Payden & Rygel approach active management?
Its fixed income approach focuses on active bond selection, duration management, and diversified credit exposure to enhance returns.
What types of investors benefit most from Payden & Rygel’s strategies?
We primarily serve a broad range of institutional investors—including corporations, insurance companies, foundations, public entities, health systems, high-net-worth individuals and retail investors—seeking customized investment solutions, liability-aware strategies, and globally diversified portfolios.
How does the firm integrate risk management into its portfolios?
Risk management is embedded at every stage through duration control, credit stress testing, liquidity modeling, and scenario-based analysis. This ensures portfolios remain resilient, transparent, and aligned with client risk tolerances, even in volatile markets.
What is Payden & Rygel’s global presence and why does it matter?
With offices in Los Angeles, London, Boston, and Milan, plus clients across Europe, the Middle East, Asia and the U.S., our global footprint provides real-time perspective on international markets, enhancing diversification and opportunity sourcing.
What investment strategies does Payden & Rygel specialize in?
We offer a full suite of strategies—Fixed Income, Equity, Balanced, and Unconstrained mandates—designed to meet objectives ranging from capital preservation and liquidity to growth, diversification, and total return.
How does the firm design custom investment solutions for institutions?
Payden & Rygel tailors solutions by integrating client objectives, funding requirements, liability profiles, and regulatory constraints (e.g., Solvency II, NAIC). This ensures every strategy is precisely aligned with institutional goals and objectives.
What role does research play in Payden & Rygel’s investment philosophy?
Research is central to our approach. Our teams evaluate economic indicators, credit fundamentals, geopolitical trends, and market structure, enabling data-driven insights that support forward-looking, evidence-based investment decisions.
How does Payden & Rygel support clients seeking global diversification?
Payden & Rygel enables global diversification covering the U.S., UK, Europe, Asia, and the Middle East. Our regional investment teams manage portfolios collaboratively, guided by local insight and global research. Through our London-based subsidiary and Dublin-domiciled UCITS funds—along with the expertise added by Metzler/Payden LLC—we deliver comprehensive global fixed income and equity solutions for diversified portfolios.
How does the firm ensure long-term stability and continuity for clients?
As a firm with 40+ years of tenure, hundreds of long-standing client relationships, and a stable leadership team, Payden & Rygel delivers continuity, institutional memory, and long-term strategic alignment across generations of market environments.
How does Payden & Rygel position portfolios for changing market conditions?
Our flexible, multi-asset capabilities and active macro perspective help clients navigate interest-rate transitions, inflation cycles, credit dislocations, and geopolitical shifts, ensuring portfolios remain adaptive, liquid, and strategically positioned.
How does Payden & Rygel help investors stay informed?
We provide continuous market intelligence through weekly insights, economic commentary, research publications, and direct communication with portfolio managers, giving clients clarity, transparency, and education in a constantly evolving market landscape.