The new fund is lead managed by Roman Gaiser, who has 16 years of experience in managing high-yield bonds.
In an environment of moderate growth, low inflation and deleveraging, EUR high yield short dated bonds offer an attractive risk/return profile in a European market that has matured at a rapid pace over the past several years.
By investing in lower-duration high-yield bonds, which are less sensitive to shifts in interest rates, the fund offers investors the opportunity to secure stable income but with a lower volatility and limited drawdown risk compared to longer-duration high-yield debt.
Working with Roman will be Alexander Baskov, Prashant Agarwal and Markus Orschulik. The team has an average of over 10 years experience in high yield bond investing. Based in Geneva, the investment team is supported by a well-resourced investment group, including equity and credit analysts and economic analysts, and will also draw upon market-leading risk analytics. The team uses a combination of top-down and bottom-up investment approaches aimed at creating a well diversified portfolio across shorter maturity buckets, sectors and ratings.
Roman Gaiser, the fund’s lead manager, said, “The market has now achieved a critical mass in European short term high yield, which makes this asset class both investible and desirable.”
The fund was launched on the 31st January in Luxembourg. The fund is so far registered in Luxembourg, Singapore, Austria, Germany, Portugal, France and Great Britain. Other countries will follow soon.
