Schroders announced the launch of Schroder ISF EURO Credit Absolute Return, managed by Patrick Vogel and the European credit team. The fund aims to provide a positive annual return throughout the market cycle and uses the same investment process that has delivered first quartile performance across four credit strategies.
The strategy combines traditional top-down views with the credit team’s innovative themes based credit process, which identifies global trends and applies in-depth business model analysis to determine which issuers will benefit and which are vulnerable to these trends.
The credit team currently manage EUR 8 billion on behalf of clients around the world and has delivered 5.1% per annum in the flagship investment grade strategy over 3 years. The fund managementteam are part of an integrated fixed income platform of over 100 investment specialists based across the globe.