TwentyFour Asset Management launches Multi-Asset Credit fund
TwentyFour Asset Management (TwentyFour), the London-based specialist fixed income manager, has expanded its offering with the launch of a new Multi-Asset Credit (MAC) fund.
Vontobel Fund – TwentyFour Multi-Asset Credit Fund is managed by TwentyFour's Multi-Sector Bond team and has been launched in response to evolving client needs and the market environment. Investor demand for dedicated multi-asset credit solutions has increased significantly, particularly from clients seeking higher income and more targeted exposure to global credit markets.
The fund aims to capture global credit risk premiums by investing in a wide range of credit instruments, enabling investors to target significantly higher income and total returns than they would normally expect from, for example, government bond or investment grade-only strategies.
Eoin Walsh, Partner, Portfolio Management at TwentyFour said: "In today's environment, many investors are looking for solutions that can deliver income without sacrificing flexibility. A pure credit approach allows the portfolio management team to focus on where we see the strongest risk-adjusted opportunities.”
Alistair Wilson, Partner, Head of Sales at TwentyFour said: "We've been running our MAC strategy since 2015 through segregated mandates, and it has since expanded to include a US MAC fund. The new fund offers daily dealing, providing investors with a liquidity advantage over the many monthly and quarterly dealt funds in this space. TwentyFour MAC sits on the Vontobel Fund Luxembourg SICAV platform, making it available globally via Vontobel's network."