Aviva Investors has launched European High Yield fund. It seeks long-term outperformance by investing in European B or BB high yield bonds while tactically targeting lower rated bonds.
The environmental, social and governance (ESG) analysis is embedded in the entire investment process. This approach also excludes tobacco producers and controversial weapons.
The strategy is managed by senior portfolio managers Sunita Kara and Chris Higham. Both are supported by Aviva Investors' expanded Global High Yield team. The team draws on the findings of the Investment Strategy, Credit, Equity, Research and Responsible Investment departments.
Sunita Kara, senior portfolio manager at Aviva Investors, said: "Aviva Investors European High Yield fund seeks consistent, risk-adjusted returns, with a focus on higher-rated companies. "
The fund is authorised for distribution in Germany, Austria, Finland, France, Italy, Luxembourg, the Netherlands, Spain and Great Britain.