Aristotle Pacific, which manages approximately $16 billion in assets, employs a relative value bond strategy across fixed income sectors. Portfolio Manager Jeff Klingelhofer believes the market is underestimating new Fed Chair Warsh, who he notes inherits a purely high-inflation environment without disinflationary tailwinds. Consequently, the firm is positioning its funds slightly long duration as a hedge against credit risk. The firm launched three new ETFs on July 30: Aristotle Core Plus Income ETF (ARCP), Aristotle Multi-Sector Income ETF (ARMS), and Aristotle Short Term Income ETF (SDUR).