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Summary: Non-institutional Offshore and U.S. investors have historically had limited opportunities to diversify access to the High Yield Bond Market outside of mutual funds. Pacific Income Advisers (PIA), an early innovator in SMA Completion Funds, has developed diversified SMA strategies via inCadense, a global managed accounts platform, that go beyond the limitations of Registered bonds by investing in Reg S and 144A securities with low account minimums. More...