The 27.79% return of Hermes Multi Strategy Credit for the four years since its inception was driven by the team’s global, unconstrained approach1. Fraser Lundie, Co-Head of Hermes Credit and Senior Portfolio Manager, explains how the team has combined high-conviction investments with defensive strategies to perform strongly in a period that included the taper tantrum, high-yield sell offs, oil-price volatility and the vote for Brexit.
- 1 Source: Hermes as at 6 June 2017. Performance shown is gross of fees and on a cumulative basis for the four-year period ending 31 May 2017.
Bank of England Inflation Report August 2017