Global High Yield Strategy
The Global High Yield strategy invests in high yielding bonds globally to achieve superior returns by generating alpha from diligent market and security selection.
Our approach aims to offer investors an active, truly global and flexible approach to sub-investment grade markets. Investing across the globe allows our portfolio managers to exploit opportunities by identifying global trends and positioning the portfolio through credit cycles across the different regions. We believe that a global approach is superior to a regional one as no market consistently outperforms the rest; furthermore the greater breadth of opportunities should give an active manager more scope for adding value.
Global High Yield
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Selective High Yield
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Philosophy
We believe that ‘Good things happen to good companies’ and therefore target fundamentally strong and improving companies. Alpha is generated from companies where we see credit improvement.
Process and risk management
- Top down views direct portfolio construction and research focus ( Geopolitical, Economic etc.)
- Superior bottom up financial and qualitative research – includes ESG factors as part of core quantitative and qualitative analysis
- Prudent risk management (liquidity, market and idiosyncratic risk) and position sizing
- Proprietary risk systems protect against default and distress
What other strategies are available? |