Chandler Asset Management

Sheng-Sheng Foong, the firm's Chief Executive Officer and Chief Investment Officer, leads all portfolio management. The firm operates a centralized investment team in San Diego. Public record indicates Foong holds final authority over strategy and credit decisions within the narrow statutory limits that govern municipal portfolios.

Chandler manages assets exclusively for institutional public-sector clients — state and local governments, school districts, water districts, and other municipal entities. It does not offer retail mutual funds, separate accounts for individual investors, or commingled vehicles available to the general public.

The firm invests solely in fixed-income securities permissible under state government investment codes: U.S. Treasury obligations, federal agency securities, municipal bonds, commercial paper, and investment-grade corporate bonds. It does not invest in equities, private equity, real estate, or any strategy that introduces principal-volatility risk beyond the investment-grade fixed-income universe.

Chandler almost always wins mandates through formal government request-for-proposal processes managed by public treasurers or governing boards. Its pipeline is not built on broker-dealer introductions or gatekeeper platforms but on an internal business-development team that monitors public procurement portals and municipal-finance calendars across 50 states.

Chandler is registered with the U.S. Securities and Exchange Commission as a Registered Investment Advisor. All its client relationships are governed directly by advisory contracts and the specific investment policies of each public entity it serves.

Chandler's core mandate is operating funds and bond proceeds, not long-duration pension assets. While some public agencies use Chandler for reserve portfolios that sit alongside a pension fund, the firm is not a primary defined-benefit-plan manager in the typical sense of running an equity-heavy pension allocation.