Dynamic multi-sector credit investing throughout market cycles.
Fraser Lundie, Head of Hermes Credit, introduces the Unconstrained Credit strategy, which provides unconstrained, high-conviction investments across global credit, designed to capture superior relative value.
Hermes Unconstrained Credit - Introduction to strategy
CFA, Head of Hermes Credit and Lead Portfolio Manager
Fraser joined the international business of Federated Hermes in February 2010 and is Head of Credit and lead manager on the range of credit strategies. Prior to this, he was at Fortis Investments, where he was responsible for European high yield credit. Fraser graduated from the University of Aberdeen with an MA (Hons) in Economics; he earned an MSc in Investment Analysis from the University of Stirling and is a CFA charterholder. In 2017, Fraser joined the board of CFA UK, a member society of the CFA Institute. He was featured in the Financial News’ ‘40 Under 40 Rising Stars of Asset Management’, an editorial selection of the brightest up-and-coming men and women in the industry, and in 2015 Fraser was named as one of the top 10 star fund managers of tomorrow by the Daily Telegraph. In 2016, Citywire Americas named Fraser number one in their global high yield manager review, and InvestmentEurope and Investment Week both named the Federated Hermes Multi-Strategy Credit Fund top global bond fund at their respective 2017 Fund Manager of the Year Awards.
How does the fixed-income team use different types of loans to protect investments from inflation in this current environment and why have asset-backed securities (ABS) grown more attractive as concerns over rates increase?