Guggenheim Investments specialises in insurance asset management. Of its total $228bn assets under management, $137bn are general account assets that Guggenheim manages for 111 insurance clients.

Risk management is a primary focus throughout the manager's investment process. Guggenheim's approach incorporates active management employing opportunistic positioning at the sector and security level with a strong emphasis on relative value, rather than index weightings; bottom-up portfolio construction with rigorous security research; and focus on under-researched areas of the fixed income universe, including sectors not included in benchmark indices.

This asset management style has produced returns that have had low correlations to other asset managers.

An example of the manager's process at work could be seen during the Covid-19 pandemic. To understand and anticipate the effects of the pandemic, the investment team worked overtime studying the coronavirus infection growth curves around the world to create its own models. The team estimated the high-frequency and long-term impacts of the virus on overall economic activity and assessed the potential effectiveness of policy responses.

Guggenheim also analysed companies, sectors, and industries for credit vulnerabilities to different economic shutdown scenarios, and evaluated security values as prices cheapened and markets moved.