The strategy combines traditional top-down views with the credit team’s themes-based credit process, which identifies global trends and applies in-depth business model analysis to determine which issuers will benefit and which are vulnerable to these trends.
Schroder’s credit team currently manages €8bn (£5.65bn, $8.5bn) on behalf of clients around the world.
The fund will be managed by Patrick Vogel and the European credit team.
“The new fund will plug into our proprietary themes-based credit approach, to create a diversified credit strategy. Implementing themes through long and short positions in a highly risk conscious manner, we aim to combine high levels of alpha with credit yield to deliver consistent return for our clients,” said Vogel.
"Implementing themes through long and short positions in a highly risk conscious manner, we aim to combine high levels of alpha with credit yield to deliver consistent return for our clients.”
Carlo Trabattoni, head of pan-European intermediary distribution and GFIG at Schroders, said: “As investors become more conscious of achieving returns throughout the market cycle, the strategy can allow them to find opportunities in credit markets even when bond yields are rising.”
