Michael is Co-Lead Portfolio Manager for the IA Clarington Global Bond Fund and Lead Portfolio Manager for IA Clarington Global Multi-Asset Fund, sub-advised by PineBridge Investments. He joined PineBridge in 1999 and oversees the Global Multi-Asset business. He founded the firm’s Multi-Asset investment process and integrated formerly independent regional teams into one global team focused on total-return-oriented asset allocation. Michael also serves as a member of PineBridge’s Governance Committee and Management Committee and chairs the firm’s Proxy Committee.
Prior to joining PineBridge, he spent 15 years in various equity research and portfolio management roles at JPMorgan Investment Management. During his last five years at JP Morgan, he chaired the U.S. Asset Allocation Committee. Previously, he spent several years in economic research at Townsend-Greenspan & Co.
Michael holds an MBA from the Wharton Graduate School of Business and is a CFA charterholder.
Fundamental-driven asset allocation and intensive, bottom-up credit research and security selection are the cornerstones of Michael’s approach. He invests across an intermediate time horizon, based on his view that market prices typically converge with fundamentals over a nine to 18 month period. This intermediate timeframe sits between a pure tactical approach, which he believes is too short-term for prices to connect well with fundamentals, and a strategic approach, which is too long for most investor needs. Michael’s approach dynamically and nimbly adapts to changing market conditions with the goal creating consistent, attractive income streams for investors.
Our investment process
Global equity opportunities for long-term investorsGlobal equity opportunities for long-term investors
Portfolio manager Lee Rosenbaum is looking for businesses with three main features: quality, intrinsic value growth and attractive valuations...Read summaryLire le sommaire
Opportunity and risk in the North American equity and high-yield marketsOpportunity and risk in the North American equity and high-yield markets
While a repeat of last year’s performance isn’t the most likely outcome, the North American equity and high-yield bond markets appear...Read summaryLire le sommaire
In this video, portfolio manager Clément Gignac explains...Read summaryLire le sommaire
In this video, portfolio manager Donny Moss...Read summaryLire le sommaire
In this video, portfolio manager Sunny Ng identifies...Read summaryLire le sommaire
The outlook for North American equities and high-yield bondsThe outlook for North American equities and high-yield bonds
North American equities and high-yield bonds have had a great run, and it’s likely not over yet. In this video, portfolio manager Dan Bastasic explains...Read summaryLire le sommaire
An update on IA Clarington Core Plus Bond Fund & IA Clarington Floating Rate Income FundAn update on IA Clarington Core Plus Bond Fund & IA Clarington Floating Rate Income Fund
Portfolio manager Jeff Sujitno provides an update on how he’s positioning his mandates and explains his strategies for mitigating risk.Read summaryLire le sommaire
Navigating uncertainty with quality, responsible investmentsNavigating uncertainty with quality, responsible investments
In this video, portfolio manager Andrew Simpson explains how his focus on high-quality global companies with strong ESG credentials has...Read summaryLire le sommaire
Fixed income has been printing outsized returns so far this year, but with the collapse of sovereign yields, longer-term return expectations should be...Read summaryLire le sommaire
Trade tensions, economic growth concerns and market volatility have challenged global equity investors throughout 2019...Read summaryLire le sommaire
In an environment where many quality companies are trading at elevated valuations, where should investors look for value stocks with attractive long-term potential?Read summaryLire le sommaire
Dividend growth opportunities in the U.S. and CanadaDividend growth opportunities in the U.S. and Canada
It’s one thing to pay a strong dividend, but quite another to maintain and grow it over time. In this video, portfolio manager Donny Moss explains why he focuses on identifying high-quality businesses with attractive potential for consistent, long-term dividend growth.Read summaryLire le sommaire