Skip to content
    1. Overview
    2. Alternative Managers
    3. Consultants
    4. Corporations
    5. Family Offices
    6. Financial Advisors
    7. Financial Institutions
    8. Insurance Companies
    9. Investment Managers
    10. Nonprofits
    11. Pension Funds
    12. Sovereign Entities
  1. Contact Us
  2. Search
Passive Fixed Income

High Yield

Designed to manage risk and to provide cost efficient market exposure to global high yield bonds for investors seeking higher current income. Giving investors the opportunity to integrate sustainable considerations in combination with reduced carbon footprint.

OUR PHILOSOPHY

We believe investors should be compensated for the risks they take — in all market environments and any investment strategy.

Minimize Tracking Error and Transaction Costs

We believe that the best way to mirror the risk/return profile of an index is to minimize transaction costs and tracking error. Our indexing methodology helps investors closely track their chosen benchmark exposure, while they rely on our integrated global platform backed by scale, experience, and infrastructure.

BENEFITS

Effective Index Tracking Through Efficient Tracking Error Management

Access to Global Platform Backed by Scale, Experience & Infrastructure

Reliability from a Global Indexing Leader

PRINCIPLES OF INVESTING

Monthly Rebalancing Events Can Create Risk That Must Be Thoughtfully Managed

A disciplined and risk-aware investment process, backed by the size-and-scale of a trillion-dollar operating platform, enables us to keep trading costs down and navigate these key events with confidence. 

Delivering Expected Outcomes Requires Scale and a Deep Appreciation for Risk

Replicating an index on any given day is not very difficult, but doing so consistently over several decades requires a deep understanding of how to navigate risk while finding the most efficient sources of return-mimicking exposures.

Integration of ESG Metrics has the Potential to Bolster Risk Adjusted Returns

For more than 30 years, sophisticated and progressive ESG investors have chosen us for innovative solutions fit to withstand future market ebbs and flows.

WHO IT'S FOR

Investors Seeking to Generate Higher Income

Income and risk/reward profile compare favorably to investment-grade bonds.

Investors Seeking to Lower Interest Rate Risk Within Their Portfolios

Purposeful risk management strategy aims for lower interest rate risk than intermediate investment grade bonds.

Investors Seeking ESG Integration

Tailored for those who seek ESG factors in their investment decisions and practices. 

Portfolio

Global High Yield ESG BOND Index

eVestment Universe

Global High Yield Fixed Income

Benchmark

ICE Bofa Global HY Index

Inception Date

08-08-2019

Investment Vehicles Available

ICVC, SMA

Meet Your Expert

David M. Alongi, CFA

Director, Fixed Income Index Management

 

David M. Alongi is the director of fixed income index management at Northern Trust Asset Management, responsible for leading the portfolio management and trading process for passive fixed-income portfolios. He oversees the management of a variety of commingled and segregated account strategies across a wide range of bond market sectors, maturities and currencies.

David M. Alongi image

Contact Us

To learn more about our distinctive solutions and client experience, call us today.

© 2024 Northern Trust Corporation. Head Office: 50 South La Salle Street, Chicago, Illinois 60603 U.S.A. Incorporated with limited liability in the U.S. Products and services provided by subsidiaries of Northern Trust Corporation may vary in different markets and are offered in accordance with local regulation. For more information, read our legal and regulatory information about individual market offices.

Northern Trust Asset Management is composed of Northern Trust Investments, Inc., Northern Trust Global Investments Limited, Northern Trust Fund Managers (Ireland) Limited, Northern Trust Global Investments Japan, K.K., NT Global Advisors, Inc., 50 South Capital Advisors, LLC, Northern Trust Asset Management Australia Pty Ltd, and investment personnel of The Northern Trust Company of Hong Kong Limited and The Northern Trust Company.