Sierra Investment Management has launched the Sierra Strategic Income Fund. The fund will be managed by a team comprised of Dr. Kenneth Sleeper, Sierra principal and co-founder David Wright, and executive vice president Frank Barbera. The Strategic Income Fund is geared toward conservative investors and seeks to enhance total return and protect capital by attempting to limit volatility and downside risk.
Founded in 1987 and headquartered in Santa Monica, Calif., Sierra and affiliates manage over $1.3 billion in assets for retirees and other conservative clients.
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