Muzinich & Co has launched the Muzinich Global Credit Market Neutral Fund a new strategy that aims to capitalise on mispricing and dislocations in global credit while minimising exposure to broader market movements.
The fund builds on Muzinich’s long history of long-short strategies in the US and Europe, drawing specifically from the firm’s arbitrage books. It will be managed by the existing investment team led by portfolio managers Jamie Cane and Greg Temo.
In a press statement Cane said: “Our Arbitrage books have delivered consistent return profiles in varied market conditions, despite low beta, volatility and drawdowns. By maintaining balanced long and short positions, the Fund seeks to isolate alpha and reduce exposure to broad market moves. A disciplined focus on relative value, fundamental analysis and risk management underpins our goal to deliver stable performance and preserve capital through all market cycles.”
The fund will be available to investors in the UK, Germany, Switzerland, Ireland, France, Spain and Italy.
