About this strategy
The strategy seeks to provide a total return in excess of that generated by the benchmark over a market cycle by investing primarily in Euro denominated investment grade rated corporate bonds. The investment process combines asset allocation views with rigorous fundamentally driven security selection from the credit analysts.
Investment Approach
Research driven
- Analysts cover issuers across the full capital structure and are ESG focused, ensuring a complete picture of risk.
- Co-ownership of risk exists between portfolio managers and our analysts.
Globally aligned
- An unbiased collaborative approach, one team across two investment centres.
- Integrated global research team, pursuing the best risk-adjusted return opportunities irrespective of issuer domicile.
Repeatable, active approach
- Active management of beta and portfolio composition, focused on taking the right amount of risk throughout the cycle.
- Categorisation of risk and return characteristics of each security in portfolios.
Robust risk management
- Minimise downside risk and emotional bias through a unique stop-loss process.
- Utilisation of off benchmark sectors to diversify risk across sectors, quality, capital structure, and economic sensitivity.
