Search this website. You can use fund codes to locate specific funds

GLOBAL INVESTMENT GRADE CREDIT

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

Co-Head of Credit and Senior Credit Portfolio Manager

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.

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.

Team

No posts matching your criteria

Related Articles

No posts matching your criteria
Turkey’s election: a case for cautious optimism? Turkish parliamentary and presidential elections will take place this Sunday amid a febrile political and economic climate. In recent months, the country has been grappling with double-digit inflation, a pressured lira and fears over the independence of its central bank. As voters prepare to go to the polls, we assess the investment landscape in Turkey. Turkey is no stranger to political instability. On Sunday, Turks will go to the polls for the sixth time in four years, and for the second time under emergency law after President Recep Tayyip Erdogan brought forward the election by 18 months. The move, Erdogan said, reflects the country’s need to “overcome uncertainty”, but critics argue he wants to push through the vote before the country’s economic woes get materially worse. In Turkey, polls are quite unreliable, but for now it looks like Erdogan will win the presidential race. However, it is likely that his victory will only be sealed in the second round run-off, which will take place on 8 July, should no candidate receive an outright majority this weekend. The parliamentary election, however, looks too close to call. There is a risk that Erdogan’s ruling AK Party and the nationalist MHP party will not retain a parliamentary majority after Sunday’s vote. But success for the opposition will probably make it more difficult to pass much-needed fiscal and structural reforms. Such an outcome would cause more uncertainty for the country and investors, and increase the likelihood of further elections.

Sales Contacts

Dan Churchouse, Director - UK Wholesale
Clive Selman, Head of UK Wholesale