Fixed income

Global high yield

An internationally focused strategy that offers diversified exposure to high yield corporate bonds in sterling, euro, and other major global currencies. 

We select high yield investments based on in-depth analysis of individual bond issuers and how they are impacted by global, regional, and country-specific macroeconomic factors.

With an international focus, the strategy has the flexibility to invest wherever we see most value. We maintain a well-diversified portfolio, spreading investments across issuers and industries as an essential component of our approach.

Global high-yield bond markets give investors access to a dynamic and rapidly growing universe of sub-investment grade credit from a broad range of companies.

We have invested nearly £20 billion in high-yield credit over a period of 25 years. Our portfolio managers are supported by a large and experienced team of credit research analysts aiming to find opportunities that offer the most value.

Latest insights