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Global Investment Grade

Home / Capabilities / Liquid Credit / Hermes Global Investment Grade

Objective: aiming to generate consistent, positive returns with low volatility by investing globally in investment-grade credit instruments

“Our disciplined and robust process, attention to risk management, independent
research and integrated team approach are all vital to our performance.”

Fraser Lundie & Mitch Reznick

Co-Heads of Hermes Credit

Why Hermes global investment-grade credit?

Truly global: we explore investment-grade opportunities worldwide

Across the capital structure: we search the capital structures of attractive issuers to determine which bonds and derivatives offer superior relative value

Selecting securities, not just issuers: to identify strong relative-value opportunities, security selection can be equally as important as issuer selection

ESG integration: we assess the impacts of environmental, social and governance factors on instruments to manage risk – and to identify opportunities

Experienced: principal members of the team have together generated impressive track records since 2004

A rigorous investment process focused on generating attractive risk-adjusted returns

creditdiagram

Investment approach
We believe that global, relative-value investing throughout the capital structures of issuers can deliver strong returns through the cycle.

Through top-down analysis, we determine our risk appetite and the return prospects of different regions and sectors. These findings direct our disciplined, bottom-up research, in which we seek exposure to issuers with attractive credit risks and aim to determine which securities in their capital structures provide superior relative value.

Our global approach, in which we invest throughout the US, Europe and the emerging markets, provides us with access to an expansive set of opportunities and sources of liquidity.

 

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