The following excerpt is taken from an article titled MERUS to Boost Corporates, which appeared in the

Question:

The following excerpt is taken from an article titled “MERUS to Boost Corporates,” which appeared in the January 27, 1992, issue of BondWeek, p.6:
MERUS Capital Management will increase the allocation to corporates in its $790 million long investment-grade fixed-income by $39.5 million over the next six months to a year, according to George Wood, managing director. MERUS will add corporates rated single A or higher in the expectation that spreads will tighten as the economy recovers and that some credits may be upgraded.
What types of active strategies is MERUS Capital Management pursuing? Portfolio
A portfolio is a grouping of financial assets such as stocks, bonds, commodities, currencies and cash equivalents, as well as their fund counterparts, including mutual, exchange-traded and closed funds. A portfolio can also consist of non-publicly...