About the Strategy
Amundi Global Corporate High Yield Strategy seeks an attractive total return by combining the interest income of high yield bonds with capital appreciation. The Strategy invests across US high yield, European high yield and emerging market corporates. At least two thirds of the Strategy assets are in bonds rated high yield (Ba/BB to Caa/CC), by the two primary bond rating agencies, Moody's and S&P.
Benchmark
ICE BofA Global High Yield Index
Inception Date
April 1, 2015
Vehicles
Separate Account
Amundi US Bank Loans Strategy is a higher quality, value-oriented fixed income approach. It seeks to reduce the volatility of returns over time. We believe that our ability to be more selective and expedient allows us to change our position.
Overview
- Dynamic allocation across US high yield, European high yield and emerging market corporates
- Investment process that combines top down elements with a robust, bottom-up credit selection process
- Opportunity for spread compression
1Diversification does not guarantee a profit or protect against loss.
Why Amundi US?
The Strategy is managed within a strong fixed income investment culture focused on sound, fundamental research. Key features of the Amundi Global Corporate High Yield Strategy include:
- Lead Portfolio Manager with over 30 years industry experience
- Strong in-house credit research and Portfolio Management teams based in Paris, US, London, Dublin and Singapore
- Focus on security selection and sector rotation with attention to appropriate portfolio diversification1 and liquidity
Portfolio Management
|
Ken Monaghan Managing Director |
Andrew Feltus, CFA Managing Director |
Matthew Shulkin, CFA Senior Vice President |
More Opportunities in High Yield Strategies
Amundi US Bank Loans Strategy
Amundi US High Yield Strategy
This information is exclusively intended for “Professional” investors within the meaning Directive 2014/65/EU of the European Parliament and the Council of 15 Many 2014 on Markets in Financial Instruments (as amended) (MIFID II). It is not intended for the general public or for non-professional individual investors within the meaning of all local regulations, or for “US Persons”, as defined in the Securities and Exchange Commission’s “Regulation S” under the 1933 U.S. Securities Act. This non-contractual information does not under any circumstances constitute an offer to buy, a solicitation to sell, or advice to invest in financial instruments of Amundi or one of its affiliates (“Amundi”). Investing involves risks. The performance of the strategies is not guaranteed. Past performance does not predict future results. Investors may lose all or part of the capital originally invested. There is no guarantee that ESG considerations will enhance a strategy’s performance. The decision of investors to invest in the promoted strategies should take into account all characteristics of objectives of the strategies. All investors should seek professional advice prior to any investment decision, in order to determine the risks associated with the investment and its suitability. Amundi assumes no liability, either direct or indirect, resulting from the use of any of the information contained in this document, and shall not under any circumstances be held liable for any decisions taken on the basis of this information. This information may not be copied, reproduced, modified, translated or distributed, without the prior written approval of Amundi. This information is provided to you based on sources that Amundi considers to be reliable at the date of publication, and it may be modified at any time without prior notice.