Dutch asset manager Robeco has launched a short duration version of its Global Credits strategy centered on bonds with a shorter maturity, initially aimed at wholesale and institutional investors in the UK.
The fund is managed by Robeco’s Credit team, with Victor Verberk and Reinout Schapers as lead portfolio managers.
The core of the portfolio will be invested in developed investment grade corporate bonds with a maximum maturity of six years, using the Bloomberg Barclays Global Aggregate Corporate 1-5 years as the reference index.
In addition, the group said that the portfolio managers have the flexibility to invest in emerging credits, high yield (mainly BB-rated paper) and securitized credits to enhance returns while controlling the overall risk profile.
Robeco currently manages GBP 35bn in fixed income strategies, of which GBP 23bn in credit.