Quarterly Update
Watch the investment team recap this quarter.
(Note: Filmed in April 2024).
ABOUT THIS STRATEGY
A global high yield strategy that actively seeks to generate competitive risk-adjusted returns, principally through strong security selection combined with a focus on top-down beta management. The strategy adopts a research-first mentality on both macro and security selection risks.
Investment Approach
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.
Research driven
- Analysts cover issuers across the full capital structure and are ESG considered, ensuring a complete picture of fundamentals.
- Co-ownership of risk exists between portfolio managers and our analysts.
Globally aligned
- One team across two investment centres with co-portfolio managers in London and Denver.
- Integrated global research team, pursuing the best risk-adjusted return opportunities irrespective of issuer domicile.
Robust risk management
- Minimise downside risk and emotional bias through a stop-loss process.
- Utilisation of off benchmark sectors to diversify risk across sectors, quality, capital structure, and economic sensitivity.
Featured Insight
Fixed Income Perspectives
Quarterly insight from our fixed income teams to help clients navigate the risks and opportunities ahead.
