FoHF International Investment Advisors up nearly 20% YTD – March Performance Review

This month, New York-based FoHF International Investment Advisors has reported 19.59% returns, while two long/short credit funds took second and third place.

The $15m FoHF, which was founded in 2008, invests in closed-end bond funds listed on the New York Stock Exchange.

Sweeping into second place Cheyne Capital’s $154m Total Return Credit Fund was up 15.18% YTD through March. The fund was up almost 20% for the month, turning around its overall YTD performance which was negative last month.

Cheyne’s corporate credit team invests in investment-grade and crossover corporate credit in CDS and bonds.

Varden Pacific’s Opportunity Offshore Fund was also up more than 10% YTD in March. The $378m fund was up 11.99% after being up over 15% for the month.

The San Francisco-based firm, which was founded in 2010, looks for dislocations in global fixed income with a focus on structured or derivatives- based assets.

The Alt Credit Intelligence data pages are based on self-reported data provided to Morningstar and a number of other sources plus some self-reported returns provided to the HFM team. The liquid alternatives spread is based on data from Morningstar and LuxHedge. If you would like your fund to be listed in future editions please contact s.segal@pageantmedia.com.

Click here for January review

Top Performers in March

NameFund SizeTotal Ret YTD (%)
IIA Leveraged High Yield Fund$15 m19.59
Cheyne Total Return Credit Fund$154 m15.18
Varden Pacific Opportunity Offshore Fund$378m11.99
Triad Securities<$508.00
Schroder ISF Emerging Market Debt$4.2bn6.84
Simplon International$151 m6.38
Kayne Anderson Infrastructure Income$416 m6.17
Wellington Glbl Aggt Bond USD S Unhdgd$131 m5.70
Wellington Emerging Mkt Dbt$137 m4.76
Hellebore Capital Management$100m4.60
Brigade Leveraged Capital Structures Fund$2.8bn4.24
Pine River Liquid Rates Fund$1.2bn3.7
Permal F/I Special Opportunities$254 m3.66
Fullerton RMB Fixed Income Fund A$74 m3.57
Camden Bonds Plus$166 m3.35
Chenavari Regulatory Capital Strategy$222m3.34
Gracie Credit Opportunities Fund$93 m3.30
Numen Credit Opportunities Fund$215 m2.95
Sweetwater Income Flood$78 m2.95
Ovation Alternative Income Fund$200m2.91

Top 20 Overall YTD (March)

NameFund SizeTotal Ret YTD (%)
IIA Leveraged High Yield Fund$15 m19.59
Cheyne Total Return Credit Fund$154 m15.18
Varden Pacific Opportunity Offshore Fund$378m11.99
Triad Securities<$508.00
Schroder ISF Emerging Market Debt$4.2bn6.84
Simplon International$151 m6.38
Kayne Anderson Infrastructure Income$416 m6.17
Wellington Glbl Aggt Bond USD S Unhdgd$131 m5.70
Wellington Emerging Mkt Dbt$137 m4.76
Hellebore Capital Management$100m4.60
Brigade Leveraged Capital Structures Fund$2.8bn4.24
Pine River Liquid Rates Fund$1.2bn3.7
Permal F/I Special Opportunities$254 m3.66
Fullerton RMB Fixed Income Fund A$74 m3.57
Camden Bonds Plus$166 m3.35
Chenavari Regulatory Capital Strategy$222m3.34
Gracie Credit Opportunities Fund$93 m3.30
Numen Credit Opportunities Fund$215 m2.95
Sweetwater Income Flood$78 m2.95
Ovation Alternative Income Fund$200m2.91

Top 50 Credit L/S March

NameFund SizeTotal Ret Mar (%)Total Ret YTD (%)
Cheyne Total Return Credit Fund$154 m18.6815.18
Varden Pacific Opportunity Offshore Fund$378m15.3211.99
Kayne Anderson Infrastructure Income$416 m9.966.17
ZAIS Opportunity Fund$341 m9.18-5.66
SPM Opportunity Fund$209 m8.00-3.35
Permal F/I Special Opportunities$254 m6.993.66
Wasserstein Debt Opportunities Fund$50 m6.79-0.04
JLP Institutional Credit Fund$219 m6.671.30
Schroder ISF Emerging Market Debt$4.2bn5.166.84
IP All Seasons Asian Credit Fund$154 m4.841.93
Seer Capital Partners Offshore fund$1.5bn4.25-9.55
Brigade Leveraged Capital Structures Fund$2.8bn4.144.24
Andromeda Global Credit$63 m3.51-2.07
SPM MBS Agency Fund$774 m3.50-0.94
Triad Securities<$503.308.00
Moneda Latin American Corporate Debt Fund$204m3.271.40
Double Haven Asia Absolute Bond Fund$163 m3.210.46
Fullerton RMB Fixed Income Fund A$74 m3.153.57
GAM Absolute Return Bond Fund$10 m3.151.13
Canepa Short-Term High Yield Offs$86 m3.100.41
Loomis Sayles Credit Long Short Fund$749m3.040.48
FPP Global Emerging Markets Bond Fd$19 m3.021.31
AHP Asia Credit Opportunities Fund$119m2.942.51
Finisterre Global Opportunity Master$1,117 m2.911.28
Absolute Insight Emerging Market Debt Fund€781m2.702.73
One William Street Capital Fund$923m2.70-2.19
Wellington Glbl Aggt Bond$131 m2.645.70
Cedar Ridge Investors Fund I$31 m2.561.16
Chenavari Regulatory Capital Strategy$222m2.483.34
Wellington Emerging Mkt Dbt$137 m2.434.76
IP All Seasons Bond Fund$240 m2.401.63
WyetreeResidential Real Estate Total Return$96m2.40-5.73
Horizon Credit Opportunities Fund$7 m2.362.38
Wyetree Yield Distribution Fund$66m2.30-1.15
Clareant Structured Credit Opportunities Fund II€215m2.28-1.32
Napier Park European Credit Opportunites€369m2.28-0.58
SPM Core$868 m2.25-2.48
Fifth Street Oppo Fund$59 m2.241.30
Cairn Special Opportunites Credit Fund€125m2.07-4.00
Alcentra Global Special Situations Fund€115m2.020.29
UBS (Cay) EUR High Yld$62 m1.89-0.60
Metacapital Mortgage Value Fund$127 m1.89-5.26
ICE Global Credit Fund (Cayman)$60 m1.85-2.29
Wellington Glbl Strat Crdt$990 m1.840.35
DW Value Offshore Fund$832m1.74-1.59
MidOcean Credit Opportunity Fund$742m1.62-1.24
Copernico Latin America Strategic$77 m1.580.66
Capital Four Credit Opportunites Fund€64m1.56-1.79
CQS ABS Feeder Fund$1.2bn1.52-6.30
LFIS Vision Credit Opportunities fund€219m1.50-5.26

Top 50 Credit L/S YTD

NameFund SizeTotal Ret Mar (%)Total Ret YTD (%)
Cheyne Total Return Credit Fund$154 m18.6815.18
Varden Pacific Opportunity Offshore Fund$378m15.3211.99
Triad Securities<$503.308.00
Schroder ISF Emerging Market Debt$4.2bn5.166.84
Kayne Anderson Infrastructure Income$416 m9.966.17
Wellington Glbl Aggt Bond USD S Unhdgd$131 m2.645.70
Wellington Emerging Mkt Dbt$137 m2.434.76
Hellebore Capital Management$100m0.494.60
Brigade Leveraged Capital Structures Fund$2.8bn4.144.24
Permal F/I Special Opportunities$254 m6.993.66
Fullerton RMB Fixed Income Fund A$74 m3.153.57
Chenavari Regulatory Capital Strategy$222m2.483.34
Gracie Credit Opportunities Fund$93 m-0.793.30
Sweetwater Income Flood$78 m0.982.95
Ovation Alternative Income Fund$200m1.022.91
Asgard Fixed Income Fund€270m0.392.86
Absolute Insight Emerging Market Debt Fund€781m2.702.73
AHP Asia Credit Opportunities Fund$119m2.942.51
Horizon Credit Opportunities Fund$7 m2.362.38
TCA Global Credit Master Fund$388 m0.632.18
Platinum Partners Credit Opp Fund$320 m0.692.16
IP All Seasons Asian Credit Fund$154 m4.841.93
BAF Latam Trade Finance Fund$770m0.571.69
IP All Seasons Bond Fund$240 m2.401.63
Moneda Latin American Corporate Debt Fund$204m3.271.40
FPP Global Emerging Markets Bond$19 m3.021.31
Fifth Street Oppo Fund$59 m2.241.30
JLP Institutional Credit Fund$219 m6.671.30
Finisterre Global Opportunity Master$1,117 m2.911.28
Gulf International Bank Emerging Markets Opportunities Fund$395m0.881.17
Cedar Ridge Investors Fund I$31 m2.561.16
GAM Absolute Return Bond Fund$10 m3.151.13
Copernico Latin America Strategic$77 m1.580.66
Wellington Glbl Ttl Ret II$1,156 m0.230.64
MidOcean Absolute Return Credit fund$318m0.270.55
Loomis Sayles Credit Long Short Fund$749m3.040.48
Double Haven Asia Absolute Bond Fund$163 m3.210.46
Ellington Mortgage Opportunites Master fund$337m0.450.43
Canepa Short-Term High Yield Offs$86 m3.100.41
Wellington Glbl Strat Crdt$990 m1.840.35
Alcentra Global Special Situations Fund€115m2.020.29
Observatory Credit Markets Fund$1bn0.920.29
Coherence Capital Spectrum Fund$91m0.000.24
Pimco Global Credit Opportunity Fund$3.3bn-0.160.24
Dwight Securities Fund$28 m-0.060.16
Arrowpoint Income Opportunity Fund$559 m0.740.14
Regan Credit Opportunities Fund$135 m0.46-0.02
Wasserstein Debt Opportunities Fund$50 m6.79-0.04
Lynx Plus Master Fund$175 m0.96-0.37
Marinus Opportunities Fund$398m1.48-0.39

Top 10 Convertible Arb March

NameFund SizeTotal Ret Mar (%)Total Ret YTD (%)
Camden Equity Overlay Fund$353 m8.221.46
Perinvest Convertible€25 m4.61-8.77
Pine River Convertibles Fund$202 m3.65-0.30
Wolverine Flagship Fund Trading$1,616 m3.281.18
Camden Yield Strategies Fund II$23 m2.730.77
Mohican VCA Fund$16 m2.28-1.94
AgaNola Global Conv. Total Return$9 m2.04-2.92
GLG Market Neutral Fund$611 m1.80-2.75
Camden Bonds Plus$166 m1.363.35
Basso Investors$487m1.25-0.31

Top 10 Convertible Arb YTD

NameFund SizeTotal Ret Mar (%)Total Ret YTD (%)
Camden Bonds Plus$166 m1.363.35
Steelhead Pathfinder Fund$344 m1.191.49
Camden Equity Overlay Fund$353 m8.221.46
Advent Hedged Convertible Fund$232 m0.731.38
Wolverine Flagship Fund$1,616 m3.281.18
Camden Yield Strategies Fund II$23 m2.730.77
Symphony Rhapsody Fund$470 m0.160.40
Polar Capital ALVA Glb Convertible$74 m0.540.09
Quest Global Convertible Fund$30 m-0.46-0.16
Pine River Convertibles Fund$202 m3.65-0.30

Top 10 Fixed Income Arb March

NameFund SizeTotal Ret Mar (%)Total Ret YTD (%)
Angel Oak Strategic Mortg Inc Fund$217 m5.75-6.22
Barnegat Investments$648 m3.210.68
Pelagus Capital Fund$33m2.222.64
Providence MBS Fund$917 m2.150.26
Pine River Liquid Rates Fund$1.2bn2.103.70
KLS Diversified Fund$893m1.80-3.10
III Relative Value Credit Strategies Fund$123m1.73-0.20
Metacapital Mortgage Opportunities Fund$1,000 m1.40-1.91
III Select Credit Fund$142 m1.22-0.81
Coast Value Fund I$27 m1.222.01

Top 10 Fixed Income Arb YTD

NameFund SizeTotal Ret Mar (%)Total Ret YTD (%)
Pine River Liquid Rates Fund$1.2bn2.103.70
Sanctum Fixed Income Fund$232m0.802.73
Pelagus Capital Fund$33m2.222.64
Coast Value Fund I$27 m1.222.01
Capula Global Relative Value Fund$8.6bn0.081.77
Ovington Fund$143 m0.611.41
III Fund$107m0.421.13
III Global$5 m0.421.01
Barnegat Investments$648 m3.210.68
Providence MBS Fund$917 m2.150.26

Top 10 Distressed SecuritiesMarch

NameFund SizeTotal Ret Mar (%)Total Ret YTD (%)
JLP Credit Opportunity Fund$520 m11.001.78
Wexford Credit Opportunities Fund$73 m6.100.36
Mudrick Distressed Opportunity Fund$1.2bn4.900.48
Simplon International$151 m3.906.38
USDR Investment Management Core Funds$94 m3.75-0.77
Armory Fund$36 m3.61-2.26
OWS Credit Opportunity Fund$597m3.50-1.36
PENN Distressed$7 m3.47-2.80
Redwood Offshore Fund$2.3bn3.20-0.57
Spinnaker Global Emerging Markets$951 m3.181.29

Top 10 Distressed Securities YTD

NameFund SizeTotal Ret Mar (%)Total Ret YTD (%)
Simplon International$151 m3.906.38
Numen Credit Opportunities Fund$215 m-1.002.95
Kane Street Fund$110 m-0.012.61
Scoggin Worldwide Distressed Fund$117 m1.321.86
JLP Credit Opportunity Fund$520 m11.001.78
Spinnaker Global Emerging Markets$951 m3.181.29
VR Global Offshore Fund$2bn2.360.83
Stornoway Recovery Fund$29 m-0.170.51
Mudrick Distressed Opportunity Fund$1.2bn4.900.48
Wexford Credit Opportunities Fund$73 m6.100.36

Top 40 40 Act Funds March

Western Asset’s global macro fund shot to top spot up 6% in March after four consecutive months of negative performance. Prashant Chandran, global head of derivatives at Western Asset, is the portfolio manager for the fund which takes a fundamental value- oriented investment approach combining top-down macroeconomic views with bottom-up fundamental research.

NameFund SizeTotal Ret Mar (%)Total Ret YTD (%)
Western Asset Macro Opportunities A$713 m6.001.79
Prudential Unconstrained Bond A$25 m4.031.16
Spectrum Low Volatility Investor$24 m3.833.89
Transamerica Unconstrained Bond I$159 m3.810.38
Navigator Tactical Fixed Income A$354 m3.797.05
Redwood Managed Volatility I$221 m3.743.32
Scout Unconstrained Bond Instl$1,332 m3.693.32
ALPS/Westport Resources Hedged Hi Inc A$15 m3.450.31
PIMCO Floating Income A$310 m3.44-0.56
Principal Credit Opps Explor A$18 m3.401.24
Columbia Mortgage Opportunities A$239 m3.28-0.12
JNL/Scout Unconstrained Bond A$1,039 m3.253.03
MainStay Unconstrained Bond A$1,563 m3.221.07
Columbia Strategic Income A$2,473 m3.162.15
Wavelength Interest Rate Neutral$17 m3.163.16
WST Asset Manager - US Bond Instl$58 m3.103.42
PIMCO Capital Securities and Fncls A$33 m3.07-2.30
WHV/Acuity Tactical Credit Long/Short A$46 m3.052.85
Highland Opportunistic Credit Z$50 m2.95-6.23
Driehaus Select Credit$196 m2.92-2.40
Wells Fargo Strategic Income A$24 m2.890.63
JHancock Short Duration Credit Opps A$1,375 m2.781.36
Putnam Diversified Income A$3,624 m2.78-4.68
Counterpoint Tactical Income A$124 m2.774.53
Driehaus Active Income$2,691 m2.760.18
Legg Mason BW Absolute Return Opp A$1,549 m2.762.95
Stone Harbor Strategic Income Instl$36 m2.703.60
North Star Bond I$12 m2.672.95
Pioneer Dynamic Credit A$294 m2.652.18
Arrow Alternative Solutions A$143 m2.632.15
BTS Tactical Fixed Income A$262 m2.628.12
CMG Tactical Bond I$34 m2.592.15
Western Asset Total Return Uncons I$1,142 m2.53-0.27
Palmer Square Long/Short Credit A$17 m2.49-1.52
Altrius Enhanced Income I$4 m2.421.51
Robinson Tax Advantaged Income A$95 m2.412.80
PIMCO Unconstrained Bond A$4,799 m2.39-0.69
Legg Mason BW Alternative Credit IS$577 m2.38-0.19
Iron Strategic Income Institutional$163 m2.381.57
Toews Unconstrained Income$91 m2.352.53

Top 40 40 Act Funds YTD

This is an absolute returns strategy focused on high-yield bonds, US treasuries and cash. The fund has produced positive annual returns all years except 2004 when it was down -0.20% for the year. The fund was invested over 90% invested in high-yield as of February 2016. BTS Asset Management, which was established in 1979, is one of the oldest unconstrained fixed income managers.

NameFund SizeTotal Ret Mar (%)Total Ret YTD (%)
BTS Tactical Fixed Income A$262 m2.628.12
Navigator Tactical Fixed Income A$354 m3.797.05
Counterpoint Tactical Income A$124 m2.774.53
Spectrum Low Volatility Investor$24 m3.833.89
Stone Harbor Strategic Income Instl$36 m2.703.60
WST Asset Manager - US Bond Instl$58 m3.103.42
Scout Unconstrained Bond Instl$1,332 m3.693.32
Redwood Managed Volatility I$221 m3.743.32
Wavelength Interest Rate Neutral$17 m3.163.16
JNL/Scout Unconstrained Bond A$1,039 m3.253.03
North Star Bond I$12 m2.672.95
Legg Mason BW Absolute Return Opp A$1,549 m2.762.95
Anchor Tactical Credit Strategies Inv$132 m1.192.91
WHV/Acuity Tactical Credit Long/Short A$46 m3.052.85
Touchstone Credit Opportunities A$55 m2.212.84
Robinson Tax Advantaged Income A$95 m2.412.80
Bramshill Income Performance Instl$277 m2.202.79
SMI Bond$8 m0.382.59
Toews Unconstrained Income$91 m2.352.53
Janus Aspen Global Unconstnd Bd Instl$6 m1.242.19
Pioneer Dynamic Credit A$294 m2.652.18
CMG Tactical Bond I$34 m2.592.15
Arrow Alternative Solutions A$143 m2.632.15
Columbia Strategic Income A$2,473 m3.162.15
Sierra Strategic Income A$377 m1.422.12
Forward Credit Analysis Long/Short Instl$161 m1.042.11
Janus Global Unconstrained Bond A$1,282 m1.162.04
MFS® Absolute Return A$203 m1.041.93
SunAmerica Flexible Credit A$277 m2.191.91
Sentinel Unconstrained Bond A$26 m1.751.86
AB Credit Long/Short A$21 m1.951.85
Western Asset Macro Opportunities A$713 m6.001.79
Iron Strategic Income Institutional$163 m2.381.57
Altrius Enhanced Income I$4 m2.421.51
Manning & Napier Unconstrained Bond S$869 m1.641.44
T. Rowe Price Global Unconstrain Bd Adv$39 m1.251.38
JHancock Short Duration Credit Opps A$1,375 m2.781.36
Goldman Sachs Long Shrt Crdt Strats Inst$189 m1.061.28
Principal Credit Opps Explor A$18 m3.401.24
Prudential Unconstrained Bond A$25 m4.031.16

Top 10 FOHF March

NameFund SizeTotal Ret Mar (%)Total Ret YTD (%)
IIA Leveraged High Yield Fund$15 m25.2619.59
Preserver All Asset Opportunities Strategy$32.901.98-0.30
EnTrust Diversified Select Credit$42 m1.48-2.27
Permal Fixed Income Holdings$2,367 m1.46-2.74
Portland Private Income Fund$23 m1.151.95
Acorn Credit Strategies$30 m0.72-2.34
BCA Alternative Income Fund$49.5m0.652.00
Alternative Investments Opportunity$85 m-0.44-3.71

Top 10 FOHF YTD

NameFund SizeTotal Ret Mar (%)Total Ret YTD (%)
IIA Leveraged High Yield Fund$15 m25.2619.59
BCA Alternative Income Fund$49.5m0.652.00
Portland Private Income Fund$23 m1.151.95
Preserver All Asset Opportunities Strategy$32.901.98-0.30
EnTrust Diversified Select Credit$42 m1.48-2.27
Acorn Credit Strategies$30 m0.72-2.34
Permal Fixed Income Holdings$2,367 m1.46-2.74
Alternative Investments Opportunity$85 m-0.44-3.71

Top 40 Alt Credit UCITS March

Antecedo Strategic Invest is a German open-end fund, which invests in shortterm European bonds. The absolute return strategy targets 10% returns by investing exclusively in investment-grade bonds. Despite being the top returner YTD, the fund’s performance has been volatile over the past 12 months. CIS Strategic Invest made a comeback to the top of the chart up 6.07% after being down -21.23% in January.

NameFund SizeTotal Ret Mar (%)Total Ret YTD (%)
Antecedo - CIS Strategic Invest€19m10.47%-7.76%
Antecedo - Independent Invest€190m9.36%-20.40%
Schroder's EM Debt Abslt Rtn$2.5bn5.88%7.57%
Emirates NBD - EM Corp Bond Absolute Rtrn$33m5.60%3.90%
ABSALON - Global High Yield€55m5.47%0.77%
Western Asset Global Credit Absolute Rtrn€48m5.40%0.18%
Wellington MP - Emerging Local Debt€40m5.15%6.10%
Arbor Invest - Spezialrenten€25m4.77%0.23%
Trea - 3G Credit Opportunities€32m4.67%0.87%
XAIA - Credit Curve Carry€19m4.55%2.42%
Western Asset Global Multi Strat€926m4.41%3.39%
GAM Star - Alternative FI£130m4.39%1.86%
CGS FMS - Gbl Evolution Frontier Markets€638m4.35%3.20%
Cheyne Select UCITS - Global Credit€116m4.10%1.14%
Wellington MP - Emerging and Sovereign Opp$52m4.06%5.20%
Allianz Global Investors -EM Flexible Bond Stgy€4m3.96%5.22%
Pareturn - Gladwyne Absolute Credit€70m3.75%0.08%
ABSALON - EM Corporate Debt€55m3.73%3.57%
Vontobel - Absolute Return Bond Dynamic€23m3.69%-1.31%
UBS (Lux) Bond - Global Dynamic€195m3.59%0.11%
GLG Fixed Interest - Strategic Bond£671m3.41%2.35%
Schroder's Global Credit Duration Hedged€33m3.35%-0.19%
Plurima - Apuano Flexible Bond€51m3.31%-1.68%
Scout Investments - Unconstrained Bond€59m3.31%3.21%
Duemme - C-Quadrat Euro Investments Plus€117m3.18%-0.02%
Invesco - Active Multi-Sector Credit€25m2.94%0.82%
Centris Capital - Liquid Stressed Debt€22m2.86%1.42%
Lazard Global Investment - EM Total Rtrn Debt€542m2.86%3.28%
Schroder's - Asian Bond Absolute Rtrn$508m2.85%1.56%
Morgan Stanley - Absolute Rtrn FI€30m2.84%-1.03%
LFP - Multistrategies Obligataires€60m2.82%1.29%
Man Umbrella - GLG Flexible Bond$375m2.79%2.82%
Universal Investment - Alternative FI€19m2.79%-0.86%
Julius Baer Multibond - Absolute Rtn Emerging Bond€26m2.77%2.84%
Atomo - Credit Opportunities€23m2.76%-0.98%
ANIMA - Saving€27m2.74%0.00%
La Francaise AM - LFP Multi strat Obligataires€395m2.73%1.21%
Brandywine Global Income Optimiser€36m2.73%4.64%
Neuberger Berman - Global Bond Absolute Rtrn$91m2.71%-2.48%
Absolute Insight - EM Debt€792m2.69%2.77%

Top 40 Alt Credit UCITS YTD

Schorder’s emerging markets UCITS fund which has outperformed its peers YTD, holds almost 80% of its investments in local debt, investing in countries like Brazil, Mexico and Russia. The Luxembourg-based fund invests in fixed and floating rate securities issued by governments, government agencies, supra-national and corporate issuers in emerging markets.

NameFund SizeTotal Ret Mar (%)Total Ret YTD (%)
Antecedo - CIS Strategic Invest€19m10.47%-7.76%
Antecedo - Independent Invest€190m9.36%-20.40%
Schroder's EM Debt Abslt Rtn$2.5bn5.88%7.57%
Emirates NBD - EM Corp Bond Absolute Rtrn$33m5.60%3.90%
ABSALON - Global High Yield€55m5.47%0.77%
Western Asset Global Credit Absolute Rtrn€48m5.40%0.18%
Wellington MP - Emerging Local Debt€40m5.15%6.10%
Arbor Invest - Spezialrenten€25m4.77%0.23%
Trea - 3G Credit Opportunities€32m4.67%0.87%
XAIA - Credit Curve Carry€19m4.55%2.42%
Western Asset Global Multi Strat€926m4.41%3.39%
GAM Star - Alternative FI£130m4.39%1.86%
CGS FMS - Gbl Evolution Frontier Markets€638m4.35%3.20%
Cheyne Select UCITS - Global Credit€116m4.10%1.14%
Wellington MP - Emerging and Sovereign Opp$52m4.06%5.20%
Allianz Global Investors -EM Flexible Bond Stgy€4m3.96%5.22%
Pareturn - Gladwyne Absolute Credit€70m3.75%0.08%
ABSALON - EM Corporate Debt€55m3.73%3.57%
Vontobel - Absolute Return Bond Dynamic€23m3.69%-1.31%
UBS (Lux) Bond - Global Dynamic€195m3.59%0.11%
GLG Fixed Interest - Strategic Bond£671m3.41%2.35%
Schroder's Global Credit Duration Hedged€33m3.35%-0.19%
Plurima - Apuano Flexible Bond€51m3.31%-1.68%
Scout Investments - Unconstrained Bond€59m3.31%3.21%
Duemme - C-Quadrat Euro Investments Plus€117m3.18%-0.02%
Invesco - Active Multi-Sector Credit€25m2.94%0.82%
Centris Capital - Liquid Stressed Debt€22m2.86%1.42%
Lazard Global Investment - EM Total Rtrn Debt€542m2.86%3.28%
Schroder's - Asian Bond Absolute Rtrn$508m2.85%1.56%
Morgan Stanley - Absolute Rtrn FI€30m2.84%-1.03%
LFP - Multistrategies Obligataires€60m2.82%1.29%
Man Umbrella - GLG Flexible Bond$375m2.79%2.82%
Universal Investment - Alternative FI€19m2.79%-0.86%
Julius Baer Multibond - Absolute Rtn Emerging Bond€26m2.77%2.84%
Atomo - Credit Opportunities€23m2.76%-0.98%
ANIMA - Saving€27m2.74%0.00%
La Francaise AM - LFP Multi strat Obligataires€395m2.73%1.21%
Brandywine Global Income Optimiser€36m2.73%4.64%
Neuberger Berman - Global Bond Absolute Rtrn$91m2.71%-2.48%
Absolute Insight - EM Debt€792m2.69%2.77%