On Demand Soon • 1 CE Credit
How to Diversify High Yield SMA’s for Offshore and U.S. Investors with Pacific Income Advisors
1 CE Credit
No future lessons/sessions currently scheduled.
For years, non-institutional offshore investors have faced a frustrating reality when investing in High Yield: to get diversified exposure, they were often pushed into pooled vehicles, most commonly mutual funds, where transparency, customization, and control can be limited.
This webcast starts with education. We’ll demystify the High Yield bond market, how returns are driven by income, spreads, and credit fundamentals, and why “High Yield” is not one uniform market. We’ll then explain Regulation S (Reg S) and 144A bonds, how they’re issued, who they’re designed for, and what matters in practice for offshore investors, including liquidity, pricing, and settlement.
Building on that foundation, Pacific Income Advisers, an early innovator in SMA Completion Funds, has collaborated with inCadense, a global managed accounts platform, to develop diversified High Yield SMA strategies that go beyond registered-only bond exposure by incorporating Reg S and 144A securities. The result is a modern SMA structure with clear holdings visibility, mandate flexibility, and practical account minimums.
Sponsors of this webcast may contact registrants. This webcast is for financial professionals only.
Accepted for 1 CFP / IWI / CFA CE Credit
Speakers
Mr. Tarpening is a Managing Director, Portfolio Strategist and Principal. Tim is a member of PIA’s Management Group, as well as a founding member of the PIA Investment Strategy Group (ISG) since the 2006. Mr. Tarpening joined PIA in 1993 as an Investment Officer and his current responsibilities include portfolio management and construction, business strategy and development, and client management. Mr. Tarpening began his investment career in 1984 with Drexel Burnham Lambert (DBL) in Beverly Hills. Tim later joined PaineWebber as a Vice President of Investments prior to joining PIA. Mr. Tarpening received a Bachelor of Arts degree in Psychology at the University of California at Santa Barbara. As an undergrad, he held a Bio-Medical Research internship at NASA Ames Research Center. Mr. Tarpening holds the Certified Investment Management Analyst (CIMA) certification, administered by the Investments & Wealth Institute and taught in conjunction with The Wharton School, University of Pennsylvania.
Mr. Tarpening is a Managing Director, Portfolio Strategist and Principal. Tim is a member of PIA’s Management Group, as well as a founding member of the PIA Investment Strategy Group (ISG) since the 2006. Mr. Tarpening joined PIA in 1993 as an Investment Officer and his current responsibilities include portfolio management and construction, business strategy and development, and client management. Mr. Tarpening began his investment career in 1984 with Drexel Burnham Lambert (DBL) in Beverly Hills. Tim later joined PaineWebber as a Vice President of Investments prior to joining PIA. Mr. Tarpening received a Bachelor of Arts degree in Psychology at the University of California at Santa Barbara. As an undergrad, he held a Bio-Medical Research internship at NASA Ames Research Center. Mr. Tarpening holds the Certified Investment Management Analyst (CIMA) certification, administered by the Investments & Wealth Institute and taught in conjunction with The Wharton School, University of Pennsylvania.
A.J. Harper is Managing Partner and Co-Founder of inCadense, a global managed accounts platform. He has held senior leadership roles including Head of Asset Manager Relationships, Sustainable Finance and ETFs at Euroclear Group; President and CEO of BNY Managed Investments (APAC); CEO and Co-Founder of Axial Partners Limited; and President of Pershing Managed Account Solutions. Additional roles include Managing Director of Lockwood Advisors, Managing Director of Nomura Asset Management (Hong Kong) Limited, President of AdvisorPort, Inc., and Head of Product Strategy for PNC Global Investment Servicing. He began his career at Federated Investors, helping launch its UCITS fund family in Ireland. His work has been recognized by Asian Private Banker with the Asset Management Award for Excellence and innovation awards from NOVA, NICSA, and MMI. He was responsible for building the largest managed accounts platform in the U.S. ($500B), and was cited twice in BNY annual reports for leading one of the firm’s most impactful collaborations, as well as supporting the $4.0B sale of PNC’s global custody business to BNY. A.J. holds a BA in International Studies from Johns Hopkins University and a graduate diploma from the Paul H. Nitze School of Advanced International Studies, including study at the Bologna Center. An English-Speaking Union SSE Scholar, he studied at Rydal School in Wales.
A.J. Harper is Managing Partner and Co-Founder of inCadense, a global managed accounts platform. He has held senior leadership roles including Head of Asset Manager Relationships, Sustainable Finance and ETFs at Euroclear Group; President and CEO of BNY Managed Investments (APAC); CEO and Co-Founder of Axial Partners Limited; and President of Pershing Managed Account Solutions. Additional roles include Managing Director of Lockwood Advisors, Managing Director of Nomura Asset Management (Hong Kong) Limited, President of AdvisorPort, Inc., and Head of Product Strategy for PNC Global Investment Servicing. He began his career at Federated Investors, helping launch its UCITS fund family in Ireland. His work has been recognized by Asian Private Banker with the Asset Management Award for Excellence and innovation awards from NOVA, NICSA, and MMI. He was responsible for building the largest managed accounts platform in the U.S. ($500B), and was cited twice in BNY annual reports for leading one of the firm’s most impactful collaborations, as well as supporting the $4.0B sale of PNC’s global custody business to BNY. A.J. holds a BA in International Studies from Johns Hopkins University and a graduate diploma from the Paul H. Nitze School of Advanced International Studies, including study at the Bologna Center. An English-Speaking Union SSE Scholar, he studied at Rydal School in Wales.
Sponsors
