Managing Member of Dolan McEniry Capital Management, LLC
Partner of iM Global Partner since November 2016
Daniel Dolan, managing member of Dolan McEniry speaks to Peter Stockall about the company’s investment process and how they have managed to avoid any corporate bond defaults for more than 20 years.
Dolan McEniry works hard to uncover the most undervalued corporate bonds – those that we believe offer quality credit at attractive prices – to include in our portfolio. In doing so, the firm takes a lender's mentality rather than a trader's and focuses intently on managing downside risk while striving to maximize returns for our clients. We focus on free cash flow, considering it an indicator of the ability to generate long-term value and conduct credit analysis in-house, without relying on Wall Street research or the rating agencies. Simply put, we invest where we see value and believe that our process produces attractive risk-adjusted returns for our clients.
Director Distribution Offshore & LATAM
Dolan McEniry strives to minimize risk through our bottom-up credit research rather than increasing the number of holdings in our portfolios. We aim to outperform our benchmarks and our peers and believe that a concentrated portfolio of our best ideas allows clients to benefit from our in-house analysis, while providing sufficient diversification.
Dolan McEniry works hard to uncover the most undervalued corporate bonds
While our strategy is focused on corporate bonds, we do occasionally utilize U.S. Treasuries when we believe it is in the best interest of our clients. We do not invest in mortgage-back securities.
We believe it critical to invest in what we understand, and our core competence is corporate credit analysis
We believe it critical to invest in what we understand, and our core competence is corporate credit analysis. As such, we do not invest in derivatives or any other alternative investments. There is no magic formula to our approach - it’s clear, honest, and has guided us through multiple market crises.
Founded in 1997 and based in Chicago (IL, USA), the firm manages US Corporate bond strategies, with a focused, fundamental value, long-term approach.
The firm had $7.8bn AUM at the end of April 2021.Visit Dolan McEniry