Clawback Yield · Income Strategy
Persistent income. Resilient capital. Compounding returns.
Capital that sits idle is capital that works against you. We put it to work — across asset classes, geographies, and duration profiles — with discipline at every step.
Illustrative Allocation
Income stream portfolio.
Core Philosophy
Yield is not passive — it's engineered.
Clawback Yield is built on the conviction that income generation is an active discipline. Markets are not static, and yield opportunities shift constantly across asset classes, geographies, credit quality, and duration profiles. Our mandate is to identify, capture, and sustain high-quality income streams — managing reinvestment risk, credit exposure, and duration dynamically — so that capital deployed in Clawback Yield works harder and more safely than it would anywhere else.
Strategy
Active income optimisation.
Clawback Yield does not set a portfolio and let it drift. We actively monitor the income landscape — rotating between fixed income instruments, high-yield securities, dividend-paying equities, and real asset income as the macro environment evolves. Yield is pursued without sacrificing capital preservation: quality and income are not a trade-off, they are a discipline.
Risk Management
Protecting the principal that earns.
Yield without capital discipline is an illusion. Every income position at Clawback Yield is stress-tested against duration risk, credit deterioration, and liquidity constraints. We maintain clear limits on concentration and counter-party exposure, ensuring that the engine of income — the capital base itself — is preserved through market cycles.
Income Stream Categories
Where the income comes from.
Fixed Income
Sovereign and corporate bonds across investment-grade and select high-yield segments, managed for duration and credit risk.
Dividend Equities
Selective exposure to quality dividend-paying companies with durable payout histories and strong balance sheets.
Real Asset Income
Infrastructure, real estate, and commodity-linked income with inflation-hedging characteristics and long-duration cash flows.
Portfolio Construction Principles
How the income engine is built.
Yield with Quality
Income is pursued through high-grade instruments first. Reach for yield only when the credit and structure justify it.
Active Duration
Duration is managed dynamically against the rate regime — never set and forgotten.
Diversification by Source
Income streams are spread across sovereigns, corporates, dividends, real assets, and alternative credit.
Stress-Tested
Every position is stress-tested against duration, credit deterioration, and liquidity shocks before sizing.
The Macro Lens
Yield is a function of the cycle.
Where we sit in the rate cycle, the shape of the curve, and the credit environment all reshape the income opportunity set. Clawback Yield treats those as continuous inputs — not occasional reviews.
When rates rise, duration is shortened and quality is favoured. When spreads widen, we lean into selective high-grade credit. When real assets re-rate, infrastructure and inflation-linked income carry more weight. The portfolio breathes with the cycle.
Operating Cadence
- DailyMark-to-market monitoring, liquidity and credit signal review.
- WeeklyRotation decisions across income streams as conditions shift.
- MonthlyFull portfolio stress-tests against duration, credit, and liquidity scenarios.
- QuarterlyStrategic review with the broader Clawback Group on macro positioning.
Frequently Asked
Questions on Clawback Yield.
Is this a fixed-income fund?
No. Fixed income is a core stream, but the mandate spans dividend equities, real asset income, and alternative credit — actively rotated as the macro environment evolves.
How is risk managed?
Every position is stress-tested against duration, credit, and liquidity. Concentration and counter-party limits are explicit, not implicit.
Do you chase high yields?
We pursue high-quality income. Reaching for yield only happens when credit work and structure justify it — quality and income are a discipline, not a trade-off.
How does Yield relate to Clawback Capital?
Capital is the equity-alpha mandate; Yield is the income mandate. Different objectives, shared governance, complementary capital allocation across the group.
What's the time horizon for a Yield position?
Driven by the cycle and the instrument. Some positions are held for years; others are rotated quarterly as conditions shift.