Algebris Macro Credit Fund
Overview
Fund Strategy | Credit |
---|---|
Fund Geography | Global |
Investment Advisor | Algebris (UK) Limited |
Portfolio Manager | Alberto Gallo |
Fund Currency | EUR |
Fund AUM | €704m |
Fund AUM (GBP) | £615m |
Fund AUM as of | 31 December 2018 |
Fund Inception | 19 July 2016 |
Fund Indices | AH Credit UCITS Index |
Fund Objective
The Algebris Macro Credit Fund aims to generate attractive risk-adjusted returns across sovereign, bank and corporate debt globally, hedging macro risks and optimising diversification and liquidity. The Fund targets +6% to +7% annualised returns with ~5% volatility over an investment cycle. It adopts a multi-strategy, flexible approach, and has the ability to take long and short positions, employ prudent leverage and use derivatives where appropriate.