Swiss asset manager GAM has introduced a new dynamic credit fund on its systematic platform.

The new strategy will take long positions in credit markets.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

In case of negative market conditions, the strategy can lower exposure or begin shorting credit.

At the same tine, it will have the capacity to stay long on safe-haven fixed income during adverse markets.

Managed by the GAM Systematic investment team, the vehicle will invest in US and European government bond futures.

It is also said to offer exposure to the “most liquid names” within a universe of around 400 single credits.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

The fund’s investment approach integrates tactical credit, directional credit and market neutral credit.

These are said to be similar to a credit trader, credit strategist and credit analyst.

GAM Systematic co-head Anthony Lawler said: “Investors are increasingly looking for diversifying investments for their portfolios.

“The dynamic credit strategy meets this need. It offers credit returns, but is also equipped with crisis indicators which seek to reduce portfolio credit risk in challenging markets and thereby diversify returns away from traditional credit allocations.”

GAM has been going through troubled times in the recent times.

Last year, the company suspended head of its absolute return bond fund range Tim Haywood after an internal probe.

The probe unveiled breaches in his risk management and record keeping processes.

Soon after, the company liquidated the ARBF range.

The latest credit fund is one of the first strategies launched by GAM since the ARBF liquidation.