Hermes Investment Management has confirmed the launch of its Unconstrained Credit fund managed by Fraser Lundie and head of fixed income Andrew Jackson, which has been seeded with £185m from investors including Quilter Multi-Asset.
As previously unveiled by Investment Week on 19 March, the fund will have a target of Libor +5% over the market cycle and will invest across the global liquid credit spectrum, which includes investment...
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Debt has become the opioid crisis of the global economy.
Bond investors spent most of last year transitioning towards a more fundamentally driven approach to selecting assets.
There is something strange going on in Europe according to some commentators - the market has rallied aggressively post the trade war-induced sell-off in the fourth quarter of 2018.
We expect to see continued market volatility and macroeconomic uncertainty in the UK throughout 2019, not least due to Brexit.