Guggenheim Investments’ history stems from Meyer Guggenheim, who founded a family business in the late 1800s that invested money in two Colorado lead and silver mines. Today, the firm is now the global asset management and investment advisory division of Guggenheim Partners.
The firm manages assets throughout fixed income, equity and alternative strategies. The firm’s focus is on generating the return and risk needs of insurance companies, corporate and public pension funds, sovereign wealth funds, endowments and foundations, wealth managers and investors.
Investors can choose from various risk strategies from Guggenheim’s mutual funds, unit investment trusts and closed-end funds as well as its credit income fund – Guggenheim Credit Income Fund 2019. The firm also created its own Rydex funds, which provides specific market exposures by following a specific benchmark. The benchmark replication includes sector strategies and broad market benchmarks, including both leveraged and inverse exposure.
The fixed-income mutual funds managed by the firm have been risk adjusted for its performance relative to peers, since Guggenheim’s investment team utilizes specialization and systemic process to mitigate behavioral biases.
