Threadneedle launches Credit Opportunities fund

Threadneedle is expanding its Absolute Return range with the launch of Credit Opportunities. The ne...

Threadneedle is expanding its Absolute Return range with the launch of Credit Opportunities. The new UCITS III vehicle is to be managed by head of high yield Barrie Whitman and will aim to deliver 1-month Euro deposit rate plus 350 basis points per annum , using the same macro-driven strategy as the company's current absolute return suite. The strategy will aim to generate alpha using a bottom-up approach and will focus on opportunities within the high yield and investment grade markets but with the flexibility to exploit opportunities in other areas of the credit market. Whitman will ...