The Process Pillar is our assessment of how sensible, clearly defined, and repeatable APECX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the APECX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
Parent Pillar
The Parent Pillar is our rating of APECX’s parent organization’s priorities and whether they’re in line with investors’ interests.
A new chapter.
River Meng
Associate Analyst
Summary
Columbia High Yield Bond has entered a new chapter under two promising but relatively inexperienced portfolio managers.