With a strong foundation in credit underwriting, our high yield bond business delivers compelling investment opportunities that offer higher yields compared to investment-grade bonds.
High yield bonds, rated BB or below, provide attractive returns due to their higher credit risk. Issuers of these bonds may operate in volatile markets or have more leveraged capital structures, necessitating a higher return to compensate for the increased risk. Despite the higher risk, investors often find significant value in High yield bonds, capitalizing on their substantial return potential.
With EUR 4.6 billion in assets managed as of June 2024, our investment strategy targets high yield bonds issued by corporates and financial institutions, including bank capital. We offer both global and European strategies, ensuring daily liquidity. Investment opportunities are available through fund formatsand bespoke Separately Managed Accounts (SMA).