Performance Trust Investment Advisors (PTIA), an affiliate of Performance Trust Capital Partners has appointed John Wilhelm to its specialised municipal bond portfolio management and research team. PTIA intends to serve individual and institutional investors by employing investment strategies that will capitalise on opportunities in the municipal bond market.
Wilhelm, who has developed a wealth of expertise in municipal and corporate bond credit research and fixed-income portfolio management during his twenty-one year career, will help to build a team of investment professionals to offer investors products that invest in tax-exempt municipal bonds. Municipal bonds are generally attractive to investors for their tax advantages, high yields and historically low default rates.
"Our team objective is not to grow our asset base size similar to large institutional asset managers, but to take advantage of our small size and increase portfolio performance by incorporating fundamental sector, credit and total return scenario analysis to achieve our individual clients’ goals and objectives," says Wilhelm.
Prior to joining PTIA, Wilhelm was a Senior Vice President and Portfolio Manager at Chicago-based Nuveen Investments. While at Nuveen, Wilhelm managed more than USD3 billion in total assets covering high yield and high quality municipal bond strategies. Before he joined the portfolio management team, Wilhelm led a team of credit analysts responsible for research of industrial development bonds, utilities and real estate-backed financings.
"We are excited to have John as a part of the PTIA family. His broad industry experience rounds out our team and brings even more opportunity for our clients," says Peter Cook, PTIA Chief Investment Officer. "We look forward to developing his ideas and insight to help bring our clients the highest potential returns on their investments."
