TORONTO, ONTARIO--(Marketwired - Sept. 16, 2013) - Redwood Asset Management Inc., ("Redwood") a Toronto based investment fund manager that distributes unique investment funds, focused on addressing specific client needs, would like to announce a name change to the Redwood Flexible Bond Class effective on or about September 16, 2013.
Redwood Flexible Bond Class will be renamed Redwood Unconstrained Bond Class to better reflect the investment strategies of the fund. The fund's unconstrained mandate allows it to pursue opportunities throughout the fixed income market, including bonds, debt securities, mortgage- and asset-backed securities, investment grade and high yield debt, and other similar instruments issued by various foreign public or private-sector entities.
Managed by Reams Asset Management Company LLC, a division of Scout Investments Inc., the fund utilizes Reams' unique approach to fixed income markets. Reams has an enviable track record dating back to 1981, including strong results in periods of rising rates.