High Yield - Global

High yield is no longer just about the US – the European and emerging market high yield markets have grown rapidly in depth and breadth, enabling investors to take a truly global and diversified approach to the asset class.

We have invested in global high yield since 2003. Initially capitalising on the location of our investment teams in the US and UK, we now have a presence in Asia and have expanded our coverage to include emerging markets. While bottom-up security selection remains the primary driver of performance, the strategy’s global investment universe enables us to add considerable value through top-down country and sector allocation.