• Home
  • News
    • People moves
    • Africa
    • Asia
    • Australia
    • Canada
    • Caribbean
    • Domicile
    • Europe
    • Latin America
    • North America
    • Middle East
    • US
    • US
    • UK
  • Products
    • Funds
    • Pensions
    • Platforms
    • Insurance
    • Investments
    • Private Banking
    • Citizenship
    • Taxation
  • Fintech
  • Regulation
  • ESG
  • Expats
  • In Depth
  • Special Reports
  • Directory
  • Video
  • Advertise with us
  • Directory
  • Events
  • European Fund Selector
  • Newsletters
  • Follow us
    • Twitter
    • LinkedIn
    • Newsletters
  • Advertise with us
  • Directory
  • Events
    • Upcoming events
      event logo
      International Investment Nordic Forum 2021

      International Investment is delighted to announce the 2021 International Investment Nordic Forum which will take place on Tuesday March 9, at 9am (GMT). This curated virtual event will be broadcast live and will feature a series of fund manager interviews and presentations, as well as interviews with some of the Nordic regions top fund selectors.

      • Date: 09 Mar 2021
      • ONLINE, ONLINE
      View all events
  • European Fund Selector
International Investment
International Investment

Sponsored by

Sharing Alpha
  • Home
  • News
  • Products
  • Fintech
  • Regulation
  • ESG
  • Expats
  • In Depth
  • Special Reports
  • Video
  • Fixed Income

Schroders launches BSP credit strategy

  • Viola Caon
  • 18 June 2015
  • Tweet  
  • Facebook  
  • LinkedIn  
  • Send to  

Schroders has announced the launch of Schroder Gaia BSP Credit, an externally-managed fund.

The fund is a fundamental credit long short strategy that applies a bottom-up approach, combining deep credit analysis, sophisticated structuring and active trading to maximise expected returns while limiting downside risk.

Related articles

  • Schroders launches BSP credit strategy
  • Schroders adds new Ucits fund to its GAIA offshore range
  • Schroders bolsters alt fund offering with new launch
  • Schroders partners with Indus for L/S Pan Asian equity fund launch

Investing primarily in global high yield corporate credit with a focus in the US, the fund will aim to generate attractive risk adjusted returns in both up and down markets and provide investors with an absolute return of 5-7% per annum.

With reduced exposure to directional market trends and a lack of correlation to various indices, the fund will be positioned to maximise downside protection and outperform during market selloffs.

Thomas Gahan leads the team as CEO of BSP and CIO of the long short strategy along with co-portfolio managers David Ren and Josh Passman. The credit long short team will follow the same research process employed in the existing strategy to identify and exploit mispriced credits on both the long and short side.

Since the long short credit strategy’s inception in February 2011, the strategy has generated an annualised return of 5.9% net of fees with a volatility of approximately half the long-only index, Schroders said.

The greater BSP credit platform currently manages over $10bn (€8.7bn) on behalf of clients with over 50 investment professionals based in New York.

Thomas Gahan, CEO and CIO of BSP and the fund manager, commented: “We’re delighted to partner with the Schroder Gaia team as one of the leading Ucits distribution platforms. Over the past couple of years, credit market yields have approached historic lows, and the relentless reach for yield has allowed investors to ignore differences in credit quality.

“Our alpha-capture strategy is designed to exploit these mispricing inefficiencies, equipping us to thrive and outperform when market volatility increases and spreads widen.”

The platform was launched in November 2009 and has now reached $5.2bn (€4.5bn) in assets under management.

 

 

  • Tweet  
  • Facebook  
  • LinkedIn  
  • Send to  
  • Topics
  • Fixed Income
  • UK
  • Fixed Income
  • Schroders
  • United Kingdom

More on Fixed Income

Investors Trust launches fixed-income plans for int'l investors

  • Fixed Income
  • 12 June 2020
Insight Investment introduces new ESG risk rating for fixed income investors

  • ESG
  • 09 June 2020
Eaton Vance appoints business development director for Germany and Austria

  • People Moves
  • 02 June 2020
European ETFs survive the redemption test, finds report

  • Fixed Income
  • 27 May 2020
AMX adds two to Irish operations

  • Alternative
  • 18 March 2020
Back to Top

Most read

SharingAlpha's 2020 top rated funds by category revealed
SharingAlpha's 2020 top rated funds by category revealed
Duff & Phelps opens Gibraltar office
Duff & Phelps opens Gibraltar office
Brexit deals hefty blow to City but industry is ready to fight back
Brexit deals hefty blow to City but industry is ready to fight back
Comment: Are cryptocurrencies the new gold?
Comment: Are cryptocurrencies the new gold?
Tabula launches world's first Paris-aligned fixed-income ETF
Tabula launches world's first Paris-aligned fixed-income ETF
  • Contact Us
  • Marketing solutions
  • About Incisive Media
  • Terms and conditions
  • Policies
  • Careers
  • Twitter
  • LinkedIn
  • Newsletters

© Incisive Business Media (IP) Limited, Published by Incisive Business Media Limited, New London House, 172 Drury Lane, London WC2B 5QR, registered in England and Wales with company registration numbers 09177174 & 09178013

Digital publisher of the year
Digital publisher of the year 2010, 2013, 2016 & 2017
Loading