Founded in 1979, BTS Asset Management is one of the oldest unconstrained fixed income managers, providing quantitative risk management solutions. BTS has multi-year track records in tactical fixed income and equity management. We have combined traditional and non-traditional portfolio theories to find opportunities with the potential to take advantage of rising markets while working to manage losses during downturns. Many advisors have used BTS for over 30 years to help address their need for strategies aimed toward preserving capital, reducing volatility, and enhancing investment returns. We have navigated client assets through four recessions and six rising rate periods.
BTS Funds offer an unconstrained approach to bond investing. Our tactically managed strategies employ a "right bond at the right time" investment philosophy versus a widely diversified bond approach. The funds are managed using quantitative models that seek to increase exposure to bond sectors when indicators are positive, decrease exposure when indicators are negative or even go 100% into cash if needed, in an attempt to preserve capital. We believe that investing in bonds with low correlations to one another may offer upside potential and downside protection and may produce a better sequence of returns. At BTS we seek to: