Hermes looks to expand multi-asset credit range on back of firm's most successful launch

Hermes head of fixed income Andrew Jackson has said the Unconstrained Credit fund, which launched at the end of May, was "the most successful launch Hermes has seen", with assets under management already sitting at $249m, as the firm looks at expanding the range.

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Partner Insight: Markets hold steady amid uncertainty

Mike Riddell, portfolio manager of Fidelity Strategic Bond Fund, provides an overview of the macroeconomic environment and outlines his views across the strategy’s main alpha sources. Despite geopolitical tensions and economic concerns, market sentiment remains resilient, with short-lived volatility spikes and credit spreads rallying in recent weeks. Against this backdrop, he highlights why his highest conviction forex position is a short US dollar against a basket of emerging market currencies.

Mike Riddell, portfolio manager of Fidelity Strategic Bond Fund

22 July 2025 • 5 min read