The President and Chief Investment Officer of JB Investment
Management, Jeff Bryden, was the guest speaker in Dr. Krause's Fixed Income and AIM courses
 |
| Jeff Bryden in the classroom |
Dr. Krause said, “Jeff Bryden is an enormously
knowledgeable investment professional and the students enjoy his fixed income presentations each semester. I know that they especially appreciate his ability to bring all
of the elements of fixed income analysis and portfolio management into his
presentation. He’s a strong public speaker who brings energy into the classroom
each year – and as we near the end of the semester he does a great job putting
all of the pieces of fixed income investing together.” |
| Bill Walker, Jeff Bryden and David Krause |
Jeffrey Bryden’s
firm, JB Investment Management, specializes in managing customized fixed income
portfolios for institutions and selected individuals. Krause said, “He gives students
insights into how he constructs and manages his portfolios – in addition, he
helps them understand his firm’s fixed income investment process, strategy and
investment philosophy.
The firm was founded in
2008 by Mr. Bryden. Based on his extensive experience obtained over the past
three decades, he believes that combining the active management components
available in the fixed income markets together with an effective, passive,
index based approach available in the equity markets, allows investors to
achieve the most successful and consistent investment results. He and his
colleagues at JB Investment manage more than 100 separate accounts.
 |
| Jeff Bryden of JB Investments |
Dr. Krause continued,
"Jeff has been visiting my classes at Marquette for the past eight years
and he brings an interesting, practitioner’s perspective. He has managed a wide
variety of bond portfolio strategies over the years and is able to effectively put
into context for the students his approach as to how fixed income portfolios
should be constructed to fulfill the client's specific goals and objectives. He
again talked this year about how bond portfolios can be managed to provide
income, control volatility, and match liability needs for fully taxable
investors and non-taxable organizations."
Mr. Bryden engaged the AIM students in a discussion about their current AIM Fixed Income Fund holdings. Dr. Krause said, "Jeff played devil's advocate and forced the students to think about the potential risks they were exposing the portfolio to if they shortened duration of the portfolio. This is exactly the type of applied learning that students enjoy --- having a practitioner challenge their assumptions and defend their recommendations. It was an excellent class."
Mr. Bryden engaged the AIM students in a discussion about their current AIM Fixed Income Fund holdings. Dr. Krause said, "Jeff played devil's advocate and forced the students to think about the potential risks they were exposing the portfolio to if they shortened duration of the portfolio. This is exactly the type of applied learning that students enjoy --- having a practitioner challenge their assumptions and defend their recommendations. It was an excellent class."
 |
| Jeff Bryden at Marquette University |
Dr. Krause concluded,
"Jeff also talked about his firm's approach to fixed income portfolio
performance measurement. He broke the Barclays Capital U.S. Aggregate Index
into the various sub-components and he discussed the different duration and
credit profiles of the various indexes - as well as how he views alpha
generation in fixed income. This was a useful lecture for the students because
we are currently covering bond portfolio management and performance
measurement. It is great to have the practitioners into the classroom because
they can bring the material in the CFA fixed income text to life."
Follow this link for the Third Quarter 2016 JB Investment commentary report.
