Columbia Threadneedle Investments has launched a new, global absolute return credit strategy – the Threadneedle (Lux) Global Investment Grade Credit Opportunities Fund (the Fund).
The Fund will emulate the investment approach taken in the successful Threadneedle Credit Opportunities Fund. The Fund’s managers are Alasdair Ross and Ryan Staszewski. Ross is the Head of Investment Grade Credit EMEA, and one of the team of portfolio managers responsible for the Threadneedle Credit Opportunities Fund. Staszewski is a Senior Investment Grade Portfolio Manager based in London and one of the lead managers of Columbia Threadneedle’s UK and European Strategic bond portfolios.
The Threadneedle (Lux) Global Investment Grade Credit Opportunities Fund is an active, absolute return credit strategy that aims to deliver positive cash-plus returns by investing primarily in the best opportunities in global investment grade markets.
Ross says: “Our approach to managing credit strategies is grounded in intensive fundamental research and has enabled the team to generate attractive risk-adjusted returns through the cycle. Our approach is validated by a long and successful track record of producing strong risk-adjusted returns in traditional long-only and absolute return credit strategies. The Investment Grade section of the Threadneedle Credit Opportunities1 Fund has delivered over half of this fund’s performance since its inception over eight years ago.”
Staszewski says “The investment team of analysts and portfolio managers work together in a collaborative and interactive environment that allows the best ideas to emerge. Our global investment grade research team of 13 is resourced to provide a balance between detailed due diligence of issuers and clear vision of market and industry sector trends. With considerable average industry experience, these analysts have developed expertise though a number of economic and credit cycles.”
Gary Collins (pictured), Head of EMEA Sales, Wholesale, says: “The launch of this absolute return fund is timely given where we are in the economic and credit cycles. With a long-short approach and a global research and management framework, this fund will provide the team the flexibility to apply their global credit investment skills and will aim to deliver strong risk-adjusted returns irrespective of the direction of the market. Our Threadneedle Credit Opportunities Fund1 was soft closed to new clients in 2016 and we are confident that Alasdair and Ryan’s combined expertise will help us to continue to deliver solutions for our clients.”
Initially registered in Luxembourg, the Fund is intended for distribution across other markets (Austria, Belgium, Finland, France, Germany, Italy, the Netherlands, Singapore, Spain, Sweden, Switzerland and UK) pending regulatory approval in each country.
