The Mutual Advantage

Fixed-Income Specialists
Guiding with Confidence Through All Markets

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We are committed to serving the institutional marketplace by offering fixed-income investment solutions with client-focused services.

These solutions are accessible through separate accounts, sub-advisory relationships and various commingled vehicles.

With over $43 billion in assets under management as of February 28, 2026, we are dedicated to creating value through a prudent, thoughtful and rigorous investment decision-making process.

Our Firm & Culture

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Our tailored investment strategies incorporate a unified investment philosophy and process across the fixed income risk spectrum.

Experience, Performance and Stability

29 Investment Specialists & Professionals
37 Year Track Record as an Independent Business
$44.0B Assets Under Management
  • $34.8B Insurance
  • $1.3B Separately Managed Accounts and Pooled Vehicles
  • $7.9B Manager of Managers
As of February 28, 2026

Thought Leadership & Market Insights

Food for Thought: Franchise ABS Keeps Relative Value On the Menu

Food for Thought: Franchise ABS Keeps Relative Value On the Menu

By Afton Schikore | April 9, 2026

Franchise (also known as “whole business”) asset-backed securities (ABS) have become a growing share of the ABS market in recent years, with $13.5 billion and $11.0 billion issued in 2024 and 2025, respectively, up from appro…

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