Todd Moodey Portfolio

Applies actuarial discipline to fixed-income and insurance-linked investments, prioritizing balance-sheet durability, regulatory capital adequacy and reserve quality when selecting issuers. Emphasizes credit fundamentals and asset–liability alignment, using stress-testing and scenario analysis to size positions and set loss tolerances. Favors opportunities where underwriting economics or reinsurance structures create mispriced credit spreads—including life, annuity and property–casualty sectors—and leans toward mid-to-long horizons to realize value from reserve development and capital relief. Capital allocation is conservative, concentrated in high-conviction credits with transparent disclosure and proven management of reserving and catastrophe risk.