Nordic boutique Absalon enters Spain with pair of unconstrained credit funds

Eugenia Jiménez
clock • 2 min read

Nordic group Absalon Capital has entered Spain with a pair of unconstrained credit strategies, Spanish financial website FundsPeople revealed. The two funds are the Absalon Global High Yield and the Absalon Emerging Corporate Debt, which operate as benchmark-agnostic fixed income funds. The Absalon Global High Yield aims at building a portfolio with an above average yield at below average prices focusing on out-of-favour areas of the market where the risk of default is often overestimated, but where the issuer is on a stable/improving trend.   A large percentage of the portfolio wi...

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Eugenia Jiménez
Author spotlight

Eugenia Jiménez

Eugenia Jiménez speaks Spanish and is Iberia Correspondent for Investment Europe covering Spain & Portugal, as well as Italy.