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Special Report: Alternative Fixed Income

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This year’s Alternative Fixed Income report from HedgeNordic explores how institutional investors and asset managers are navigating this new reality, balancing yield and resilience amid shifting credit cycles, structural change, and evolving sources of return.

Stockholm (HedgeNordic) – In this special report on Alternative Fixed Income Strategies, we want to highlight some strategies and market niches trading with fixed income instruments which do give yield-starved investors opportunities for returns. We will also see if there are instruments and strategies that have similar, or even better, risk/return profiles we traditionally would expect to be covered by the fixed income pot of the portfolio.

Thomas Pohjanen of Excalibur Asset Management explains “The Upside of Downside Protection,” René Rømer from Danish Formuepleje talks about how “The Covid-crisis created volatility, but also opportunities for nimble managers,” while their countrymen from CABA Capital are “Adapting to Low Risk Premiums.”

In other Nordic views, Kreditfonden explain how they aim to “Cater Institutional Investor Demand for Illiquid Private Debt” and Philippe Sissener, Portfolio Manager for the Sissener Corporate Bond Fund, is convinced “Public Issuers are More Bulletproof.” Nordic Cross Asset Management are “Thriving Amid Liquidity Crunches,” while Moma Advisors and Asgard expect “A Stellar Year for Fixed Income – Volatile for Credit”.

Sebastian Schroff explains how yield pickup, diversification and risk control is AllianzGI’s Private Debt Multi-Manager Strategy. Tabula Investment Management highlights the “Dual Threat: Illiquidity and Inflation,” while Emerging Markets specialist EMSO makes “The Case for Emerging Market Fixed Income Allocations in Global Portfolios.” John Argi of UBP points out that “investors are seeking to complement or replace the traditional fixed-income bucket” by looking at alternatives such as the US-high-yield-focused long/short credit strategy run by New York-based Global Credit Advisers (GCA), who demonstrate “Nimbleness in the Credit Space.”

Plenty to dig into here, enjoy the read!

You can access the paper here: Alternative Fixed Income Strategies

Picture: (c) Targn-Pleiades—shutterstock.com

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Kamran Ghalitschi
Kamran Ghalitschi
Kamran has been working in the financial industry since 1994 and has specialized on client relations and marketing. Having worked with retail clients in asset management and brokerage the first ten years of his career for major European banks, he joined a CTA / Managed Futures fund with 1,5 Billion USD under management where he was responsible for sales, client relations and operations in the BeNeLux and Nordic countries. Kamran joined a multi-family office managing their own fund of hedgefunds with 400 million USD AuM in 2009. Kamran has worked and lived in Vienna, Frankfurt, Amsterdam and Stockholm. Born in 1974, Kamran today again lives in Vienna, Austria.

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