Mirabaud Asset Management has unveiled a new credit fund that aims to offer attractive risk-adjusted returns across all market environments.
The new vehicle, dubbed Global Diversified Credit Fund, will invest across the fixed income spectrum including investment grade, high yield, emerging market debt, asset-backed securities, secured loans and convertibles.
It will take an active approach to duration management to help investors benefit in volatile markets or during rising rates.
Environmental, social and governance factors will also be considered during the portfolio construction process.
The Luxembourg-domiciled vehicle will be managed by the firm’s head of fixed income Andrew Lake and senior fixed income portfolio manager Fatima Luis.
At present, the pair manage the Mirabaud – Global Strategic Bond Fund.
“Our approach has been to provide investors with a wide range of investment capabilities to capture their evolving needs. We recognise that Investors are seeking more flexible and agile fixed income solutions that can respond quickly to a spectrum of economic and market conditions to maintain attractive risk-adjusted returns, particularly in an environment of rising interest rates and increased market volatility,” Lake noted.