400CM seeks to achieve high absolute returns with low volatility and low correlation to traditional fixed income and equity markets. Strategies have been developed to perform throughout the credit cycle by employing active sector rotation and long/short investment themes driven by fundamental, quantitative and economic research.

The Firm invests across residential and commercial mortgage loans and securities (RMBS and CMBS), consumer loans and asset-backed securities (ABS), other structured credit products and corporate assets, related performing and distressed portfolios and derivatives. The Firm’s portfolios may use interest rate swaps, credit default swaps, market indices, futures and options to hedge interest rate, credit and volatility risks, allowing strategies to protect performance and deliver returns across various rate and volatility environments.