Halyard Asset MNGNT

At Halyard Asset Management, LLC, we are dedicated to providing exceptional cash management and fixed income solutions to high net worth individuals, family offices, pensions, and institutions. As an SEC-Registered Investment Advisor, we take pride in our actively managed approach, which strives to structure portfolios to maximize return and preserve capital in both rising and falling interest rate environments.

Our team of experienced professionals, with over 60 years of combined fixed income industry experience, has a proven track record of delivering results-driven solutions that cater to the unique needs of our clients. Our founders have a deep understanding of the importance of robust risk management and a keen eye for identifying opportunities that align with our clients' investment objectives.

Our Philosophy

At Halyard, we believe in taking a pragmatic, relative-value approach to fixed income investing. This conservative methodology is applied to all fixed income securities and the various sub-asset classes that demonstrate mean-reverting tendencies over time. We diverge from the passively managed style employed by most managers, instead opting for an actively managed approach that seeks to add value over the long term.

Reserve Cash Management

Our Reserve Cash Management (RCM) strategy was initially designed during the IPO dot-com era of the late 1990s to help technology and internet entrepreneurs manage their newly realized wealth. The philosophy behind RCM is to maximize after-tax total return on cash, while simultaneously emphasizing capital preservation and income. Over 30 years later, the principles guiding the RCM strategy remain unchanged and are even more important during this current time of market uncertainty and low interest rates.

Our Services

At Halyard, we offer a range of services tailored to meet the unique needs of our clients. Our customizable Reserve Cash Management strategy can serve as a core cash balance or as a temporary strategy prior to building out a longer-term investment allocation in other asset classes. Each portfolio is carefully tailored to the client's liquidity needs, return parameters, and risk appetite. Our clients also have access to a dedicated portfolio manager with over 29 years of fixed income experience, and securities are held in the client's name by a third-party custodian.