What's New In Investments, Funds? - BlueBay AM, Royal London AM

Editorial Staff

17 July 2018

BlueBay AM
Specialist fixed income manager BlueBay Asset Management has launched the BlueBay Diversified Alternative Credit Fund.

The new fund is designed to provide investors with access to long/short credit across liquid and less liquid markets, in a European structure, a Dublin ICAV. The fund is intended to appeal to both institutional investors and wealth managers.

Its objective is to achieve enhanced risk-adjusted returns from investing across a diversified range of strategies and targets a net annualised return of cash plus eight per cent.

The BlueBay Diversified Alternative Credit Fund will be overseen by BlueBay’s Multi Asset Decision Group.

Royal London Asset Management
Royal London Asset Management will launch a monthly income bond fund later this year. It will be managed by RLAM’s head of fixed income Jonathan Platt.

The fund will invest in a number of underlying Royal London credit and high yield portfolios, with the option to hold up to 30 per cent of the resulting portfolio in individual bonds and other fixed income securities. The fund will also be able to invest in unrated securities, gilts and foreign sovereign debt.

It aims to deliver an income of five per cent, with opportunities for capital growth.

Platt will be assisted in the running of the fund by deputy fund manager Richard Nelson.