On April 12th and 13th Funds Society will host its fifth Investments & Golf Summit 2018. Sponsors include Janus Henderson Investors, RWC Partners, Thornburg Investment Management, Vontobel Asset Management, GAM Investments and AXA Investment Managers. The event will take place at the Blue Monster in Trump National Doral Club Golf, host of the prestigious PGA TOUR events for the past 55 years.
On April 12th, at the Investment day, sponsored also by Schroders Investment Management, Columbia Threadneedle Investments and MFS Investment Management, participants will be able to take the opportunity to discuss about Global Markets as well as the latest portfolio management strategies and investment ideas from top-performing Asset Managers from the nine sponsors, such as AXA Investment Managers’ Robert Schumacher.
Dynamic High Yield
Robert Schumacher, Chief US Strategist and Client Portfolio Manager de Fixed Income at AXA Investment Managers, will discuss about dynamic high yield opportunities on the first day of the event.
«AXA IM’s U.S. Dynamic High Yield Bond fund offers a flexible exposure to the broad US high yield market and reflects the investment team’s top-down views through a tactical approach with a higher beta than our traditional core high yield strategy.» He mentions.
In his opinion, the higher risk tolerance of the strategy results in more concentrated positions in his high conviction investments. The portfolio is mostly invested in high yield cash bonds issued by companies that they believe to have solid business fundamentals and improving credit characteristics. «We aim to invest in specific credits where we believe that our credit research process creates an informational advantage and where we believe
securities are mispriced. Additional alpha is targeted through the leverage provided by an overlay of single name credit default swaps (CDS) positions.»
Robert Schumacher is the Chief US Strategist and a Client Portfolio Manager for Fixed Income at AXA Investment Managers (AXA IM). He has over 30 years of industry experience in sales, trading, management and marketing across both retail and institutional asset management. His primary responsibility is to provide in-depth analysis of emerging financial and economic developments with specific orientation toward actionable investment themes within US dollar-denominated credit portfolios. Prior to joining AXA IM, he was with Van Kampen Investments, where he worked on developing investment trusts and later as the Chief Investment Strategist providing insight, perspective and solutions to the firm’s clients.
For more information on Funds Society’s Investments & Golf Summit 2018, follow this link.