Credit

Strategy Research, 03 Jun 2021

Index Research Funds

AH Credit UCITS Index

JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC YTD
2021 0.3 0.4 -0.1 0.4 0.1 1.1
2020 0.3 -0.1 -5.3 1.9 1.5 1.5 1.3 0.8 -0.1 0.1 2.1 0.9 4.8
2019 1.2 0.4 0.2 0.5 -0.3 1.0 0.3 -0.3 0.3 0.4 0.0 0.7 4.5
2018 0.6 -0.3 -0.5 0.0 -0.7 -0.2 0.3 -0.3 0.1 -0.6 -0.7 -0.4 -2.7
2017 0.4 0.3 0.0 0.2 0.1 0.1 0.3 0.0 -0.1 0.3 -0.1 0.0 1.5
2016 -0.7 -0.3 0.7 0.8 0.1 0.1 0.8 0.5 0.1 0.5 -0.5 0.6 2.6
2015 0.3 0.6 0.1 0.4 0.1 -0.6 -0.2 -0.5 -0.7 0.3 -0.3 -0.8 -1.2
2014 0.3 0.7 0.2 0.3 0.3 0.2 -0.2 0.0 -0.3 -0.3 0.0 -0.6 0.6
2013 0.7 0.2 0.0 0.6 0.3 -0.8 0.6 0.1 0.5 0.8 0.1 0.3 3.4
2012 1.2 1.1 0.1 -0.2 -0.1 0.5 0.6 0.5 0.5 0.6 0.4 0.6 6.0
2011 0.4 0.5 0.4 0.2 0.2 -0.3 0.0 -1.3 -1.4 1.1 -0.6 0.3 -0.5
2010 0.7 0.4 1.9 0.6 -1.5 -0.1 1.3 0.4 0.7 0.4 -0.3 0.4 4.8
Download Index Return Series

Top Funds YTD

YTD
MontLake Ironshield Credit Fund 22.6
HI Numen Credit Fund 9.3
Pareturn Gladwyne Absolute Credit 9.0
Boussard & Gavaudan Convertible 5.3
Lazard Rathmore Alternative Fund 4.7
Legg Mason Brandywine Global Credit Opport... 4.1
Butler Credit Opportunities UCITS Fund 3.8
Alma Platinum MidOcean Absolute Return Credit 3.5
Legal & General Dynamic Bond Trust 3.2
Aperture Credit Opportunities Fund 2.8

Bottom Funds YTD

YTD
Roxbury Credit Events Fund -7.7
GAM Star Emerging Market Rates -3.1
Amundi Absolute Return Credit -2.9
Absolute Insight Emerging Markets Debt -2.8
BlueBay Emerging Market Unconstrained Bond... -2.2
Pictet TR Sirius -1.5
ASI Absolute Return Global Bond Strategies -1.3
ASI Target Return Bond Fund -1.2
Rubrics Global Fixed Income -1.2
Fixed Income Allocator UCITS -1.1

Largest New Launches (12M)

AUM
CIFC Long/Short Credit Fund £283m
Lumyna - BlueCove Alternative Credit UCITS Fund £100m
Franklin K2 Emso Emerging Markets UCITS £87m
Morgan Stanley Sustainable Fixed Income Opportu... £22m
Fidelity Absolute Return Global Fixed Income £7m

Strategy AUM

31 March 2021
£32.9b 5% YOY

Largest Credit Funds

AUM
BlackRock Strategic Funds Fixed ... £4.9b
PIMCO GIS Mortgage Opportunities £2.1b
GAM Star Cat Bond £1.5b
JPM Income Opportunity £1.3b
Schroder GAIA Cat Bond £1.3b

Largest Inflows (Q1'21 - Q1'20)

Change AUM
PIMCO GIS Mortgage Opportunities £600m £2.1b
Lazard Rathmore Alternative Fund £481m £719m
Schroder GAIA Cat Bond £397m £1.3b
Twelve Cat Bond Fund £385m £811m
Aviva Investors Global Convertib... £323m £866m

Largest Outflows (Q1'21 - Q1'20)

Change AUM
BlackRock Strategic Funds Fixed ... £-603m £4.9b
BlueBay Investment Grade Absolut... £-504m £1.3b
Threadneedle (LUX) Credit Opport... £-414m £943m
JPM Income Opportunity £-345m £1.3b
HSBC GIF GEM Debt Total Return £-223m £256m

or Register for Free

  • Access the full universe of UCITS Hedge Funds and Absolute Return Funds.
  • Build and curate a watchlist.
  • View the latest research.
Close Current Site Absolute Hedge is a market leading UCITS research database providing proprietary research on funds, themes and strategies in the UCITS space. Kepler Trust Intelligence is produced by the investment companies team at Kepler Partners and is the UK’s premier source of detailed qualitative research on investment trusts. Kepler Liquid Strategies is a Dublin domiciled UCITS fund platform featuring a number of best-of-breed fund managers. Kepler Partners is a corporate advisory and asset raising boutique specialising in the regulated funds market in Europe and investment trusts in the UK.