FIXED INCOME

Flexible. Thoughtful. Connected.

Our teams retain flexibility within a disciplined construct, resulting in individual strategies as well as custom-blended solutions – all within a rigorous risk management framework.

icon-cashEurov3

€130.3bn
Fixed Income Assets Under Management

vd-icon_People_3_Group v3

136
Fixed Income Investment
Professionals

vd-icon_Bulleye_Target v3

18
Average Years’ Financial
Industry Experience

As at 30 September 2025

€130.3bn
Fixed Income Assets Under Management

136
Fixed Income Investment
Professionals

18
Average Years’ Financial
Industry Experience

As at 30 September 2025

Investment capabilities benefitting from:

  • A forward-looking approach that looks beyond benchmarks to put investor objectives at its core.
  • Collaborative teams that share and debate ideas globally but retain investment flexibility within a rigorous risk-management framework.
  • A range of actively-managed solutions from core bonds to multi-sector that reflects four decades of addressing clients’ evolving financial needs.

Featured strategies

European Investment Grade Credit

For investors seeking high-quality European credit exposure and an opportunity to access total return that potentially exceeds the benchmark.

Secured Loans

A defensive portfolio of higher-quality borrowers in the European loans market with a focus on dependable income and default avoidance.

Emerging Markets Debt Hard Currency

Seeking to capture market inefficiencies within emerging markets debt to generate alpha over the long-term.

Insights

Chart showing discount margin on European leveraged loans index between January 2025 and October 2025. It shows three lines, an orange line representing low beta loans, a grey line representing high beta loans and a blue line representing stressed loans. The vertical axis shows the discount margin ranging from zero to 18%, while the horizontal axis shows the dates from Jan 2025 to Oct 2025. The low beta line is rangebound around 4%, high beta is rangebound around 6% although there is a small spike up to almost 8% around 'Liberation Day' in April. The stressed line ranges from around 10% in February up to more than 15% in September.

Chart to Watch: Bifurcation in the loan market

Exploring the dispersion in the loan market.

Non-Agency Residential Mortgage-Backed Securities: A U.S. securitized products primer

What are non-agency residential mortgage-backed securities (RMBS), and how might they play a role in investors’ portfolios?

Quick View – The Fed’s October decision: Trick or treat?

An economy with balanced economic risks merits an equally balanced approach to bond allocations until greater clarity emerges on the labor market and inflation.

Institutional Insights
Sign up to get relevant content delivered straight to your inbox.