INVESTMENT PROCESS & STRUCTURE
The firm was founded in 2001 by Barry Allan, who since the mid 1980’s, has led investment teams in global fixed income and credit, at both a leading Canadian bank and a mutual fund company. In the early years, Marret focused exclusively on high yield mandates for private investors and institutions. The high yield mandates’ returns approached equity-like levels, while providing the benefit of lower volatility. A strong risk management focus helped Marret avoid the severe losses experienced by markets in the financial crisis of 2008-09, when Marret’s high yield declined only 2.8%* in 2008. In 2009, Marret added investment grade credit capability with the arrival of Paul Sandhu. Marret now offers a full spectrum of corporate credit investing strategies covering investment grade, high yield, short-term cash alternatives, and opportunistic fixed income strategies for both core and alternative allocations.
At January 2018, AUM totaled $4.2 Billion, of which $800 Million is in hedged strategies.
* Marret High Yield Hedge LP (Initial Class) fund.