Guy Benstead's guest appearances

Guy Benstead

Strategic Investor Radio

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Rob Davidson

Gary Harloff

Ed Coyne

Jason Muller

Mary Mohr

Bill Kelly

Mike Larson

Dan Fullmer

Michael Arone

Sean Wright

Ken Lewis

Michael Klein

Bob Dieli

Ted Parker

Ali Motamed

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1638: Tactical Credit Strategy - Shelton Capital Management - w/Guy Benstead

Guy is the Portfolio Manager of Shelton's Tactical Credit Fund, and seeks to create Alpha thru active management of credit positions. With interest rates at super lows, and $15 Trillion in negative interest rates, to create profits in the credit marketplace has become exceptionally challenging.  Guy discusses Shelton's strategy, resulting from his thirty plus years of experience in the credit marketplace, and how they seek to generate profits today.  With many investors' asset allocation to fixed income being 20% plus of their total allocation, this is an important aspect of their investment strategy.  We hope it is helpful.

Guy is the Portfolio Manager of Shelton's Tactical Credit Fund, and seeks to create Alpha thru active management of credit positions. With interest rates at super lows, and $15 Trillion in negative interest rates, to create profits in the credit marketplace has become exceptionally challenging.  Guy discusses Shelton's strategy, resulting from his thirty plus years of experience in the credit marketplace, and how they seek to generate profits today.  With many investors' asset allocation to fixed income being 20% plus of their total allocation, this is an important aspect of their investment strategy.  We hope it is helpful.

Tactical Credit Strategy - Shelton Capital Management - w/Guy Benstead

In this episode of Strategic Investor Radio, host Charlie Wright interviews Guy Benstead of Cedar Ridge Partners, a Registered Investment Advisor (“RIA”) based in Greenwich, Connecticut. “We’re bond guys,” says Mr. Benstead, in reference to his firm. Cedar Ridge specializes in unconstrained credit strategies. It operates private funds, separately managed accounts (“SMAs”), and one alternative mutual fund: the Cedar Ridge Unconstrained Credit Fund (MUTF:CRUMX) that make investment decisions based on the firm’s top-down macroeconomic analysis combined with its “deep dive credit work” on individual securities. If Cedar Ridge’s funds were long only, then much of this in-depth research would be for naught, since research can turn up bad bonds just as easily as good ones. Therefore, Cedar Ridge’s funds operate with a long/short mandate, and with positions spread across about 100 securities, or so. Benstead points out, however, that this doesn’t mean the funds own bonds from up to 100 different issuers – the positions include several bonds from some of the same issuers (at different maturities). The funds’ long portfolios consist primarily of corporate and municipal bonds, along with preferred stock. Their short portfolios are made up of corporate bonds thought to be “overpriced,” along with a “core Treasury ballast” to hedge against interest-rate sensitivity. One thing that separates the Cedar Ridge long/short credit funds with others in the space is that Cedar Ridge doesn’t use derivatives. Benstead says that Cedar Ridge tends to own the same securities as typical bond investors, but the firm operates like a great chef, arranging the ingredients in a different way.

In this episode of <a href="http://dailyalts.com/strategic-investor-radio/" rel="nofollow" target="_blank">Strategic Investor Radio</a>, host Charlie Wright interviews Guy Benstead of Cedar Ridge Partners, a Registered Investment Advisor (“RIA”) based in Greenwich, Connecticut. “We’re bond guys,” says Mr. Benstead, in reference to his firm. Cedar Ridge specializes in unconstrained credit strategies. It operates private funds, separately managed accounts (“SMAs”), and one alternative mutual fund: the <a href="http://www.morningstar.com/funds/XNAS/CRUMX/quote.html" rel="nofollow" target="_blank">Cedar Ridge Unconstrained Credit Fund</a> (MUTF:CRUMX) that make investment decisions based on the firm’s top-down macroeconomic analysis combined with its “deep dive credit work” on individual securities. If Cedar Ridge’s funds were long only, then much of this in-depth research would be for naught, since research can turn up bad bonds just as easily as good ones. Therefore, Cedar Ridge’s funds operate with a long/short mandate, and with positions spread across about 100 securities, or so. Benstead points out, however, that this doesn’t mean the funds own bonds from up to 100 different issuers – the positions include several bonds from some of the same issuers (at different maturities). The funds’ long portfolios consist primarily of corporate and municipal bonds, along with preferred stock. Their short portfolios are made up of corporate bonds thought to be “overpriced,” along with a “core Treasury ballast” to hedge against interest-rate sensitivity. One thing that separates the Cedar Ridge long/short credit funds with others in the space is that Cedar Ridge doesn’t use derivatives. Benstead says that Cedar Ridge tends to own the same securities as typical bond investors, but the firm operates like a great chef, arranging the ingredients in a different way.

Long/Short Credit Investing With Guy Benstead