We are among the few managers with a 30+ year track record in high yield. Throughout this time, our focus on diligent and rigorous credit analysis has ensured defaults have remained at a minimum.
We run high yield strategies that offer singular access to specific regions or to global markets. Investing primarily in cash bonds, these strategies aim to increase in value over the long term while minimizing volatility and providing an attractive income.
Capital at risk. The value of investments and the income from them may fall as well as rise and is not guaranteed. Investors may not get back the full amount invested. Past performance is not an indication of current or future performance.
Credit Risk: High yield securities which are rated below investment grade, are considered to be speculative with respect to the issuer’s ability to pay interest and principal and they are susceptible to default or decline in market value due to adverse economic and business developments.
“Our approach to high yield is focused on deep, bottom-up credit analysis. This aims to generate what we believe to be compelling returns, while at the same time preserving our clients' capital. ”
Thomas Samson, Portfolio Manager
Nov 27, 2024
European high yield: We need to talk about Sharpe ratios
Investors considering an allocation to European high yield should pay heed to the old adage that time in the market is a more prudent approach than trying to perfectly time their entry, argues Thomas Samson.
Nov 11, 2024
2024 has been quite the year for European high yield. So, what happens next? That’s the question portfolio manager Jamie Cane seeks to address in the latest episode of the Muzinich podcast.
Nov 01, 2024
Getting technical on European high yield
In his latest column on the key developments, themes and opportunities in credit markets, Ian Horn examines the factors behind the consistent performance of high yield this year.
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