Investment Objective
The Fund seeks to generate consistent, attractive returns on a risk-adjusted basis over a three-to-five-year period. The Fund targets a dynamic portfolio of investments, directly and indirectly (through derivatives), primarily in high yield (sub-investment grade) bonds. These bonds are mainly priced in EUR and issued by European, US and/or emerging market companies.
Latest Meeting Note
Meeting Note 24 Jul 2019
We recently met with Hugo Squire, co-PM on the European Credit Alpha fund. The fund is designed to be return seeking in nature, targetting a high single digit gross return through investment in the European HY sector. The PM would ideall...
We recently met with Hugo Squire, co-PM on the European Credit Alpha fund. The fund is designed to be return seeking in nature, targetting a high single digit gross return through investment in the European HY sector. The PM would ideally like to deliver a HY like return, without the volatility associated with the asset class.
Performance
| JAN | FEB | MAR | APR | MAY | JUN | JUL | AUG | SEP | OCT | NOV | DEC | YTD | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | 0.2 | 0.8 | 0.2 | 0.6 | 0.4 | 0.4 | 0.3 | 0.6 | 0.8 | 0.0 | 0.5 | 0.2 | 0.6 | |
| 2022 | 0.7 | 1.0 | 0.1 | 0.6 | 0.0 | 0.2 | 0.6 | 0.7 | 0.4 | 0.0 | 0.6 | 0.8 | 0.7 |
