Investec Asset Management has launched a Global Total Return Credit fund, a UK replica of its SICAV fund, managed by Jeff Boswell and Garland Hansmann.
It will seek 80 to 120 investment opportunities across global credit to create a diverse portfolio, which is high-yielding and defensive with low volatility and low sensitivity to interest rates. It aims to achieve a total return in excess of 3-month LIBOR plus 4% per annum over a full credit cycle (gross of fees) with an expected volatility of 5% to 7% per annum. Sitting in the IA Strategic Bond sector, it will adopt a multi-asset credit approach and be unconstrained. Investec AM gets new CEOs as Hendrik du Toit is appointed Investec Group CEO Boswell and Hansmann will be t...
To continue reading this article...
Join Investment Week for free
Signup and gain exclusive members-only insights - all free of charge!
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes
