Investment strategies

Our offering

Actively managed mutual fund and segregated account solutions in three asset classes:

Convertible bonds

We manage five different global strategies (Defensive, Investment Grade, Opportunistic, Dynamic and Sustainable) covering the entire spectrum with a range of risk profiles.

Products

 

  • We view convertible bonds as a less risky alternative to equity investments. Over the long term, they perform similarly to equities, but with much less volatility.
  • Convertible bonds offer the best of both worlds, combining thebenefits of equities and bonds. They are an ideal portfolio diversifier, especially in weak markets.
  • Fisch Asset Management has 30 years of experience in managing convertible bond portfolios. With one of the world’s largest specialist teams, we are able to pool our knowledge, allowing us to cover the entire convertible bond universe.

 

Managing five different strategies:

Global Defensive
Invests in high credit quality convex convertible bonds on a global basis to give an enhanced return relative to bonds.

 

Global Investment Grade
Invests in high credit quality convertible bonds across the global universe to give an enhanced return relative to bonds.

 

Global Opportunistic
Invests in convex convertible bonds from across the global universe, giving superior risk-adjusted returns relative to equity, and an enhanced return relative to bonds.

 

Global Dynamic
High conviction access to flexible alpha generation across the global convertible bonds universe to give long-term returns comparable to equity but with lower risk.

 

Global Sustainable
A pioneer in sustainable convertible bonds investing, giving access to convex convertible bonds returns on a global basis using a sustainability filter.

Corporate bonds

We manage six strategies (Global High Yield, Global Corporates IG, Global Corporates, Emerging Market Corporates Defensive, Emerging Market Corporates Opportunistic and Emerging Market Corporates Dynamic).

Products

 

  • With a broad range of issuers, maturities and credit qualities, this asset class is extremely diverse. It offers investors the opportunity to obtain higher yields than on government bonds, as well as beneficial diversification properties if added to an equity or government bond portfolio.
  • Our many years of experience in fundamental company analysis and our thorough understanding of the bond universe and its opportunities enable us to generate attractive risk-adjusted returns.

 

Managing six different strategies:

Global High Yield
Benefits from broad regional/sector/rating diversification and systematic downside management. Invests globally in high yield bonds with an attractive risk-return profile.

 

Global Corporates IG
Invests globally in broadly diversified and liquid investment grade corporate bonds in hard currencies.

 

Global Corporates
Invests globally in broadly diversified hard currency corporate bonds without rating restriction. The average portfolio rating is investment grade.

 

Emerging Market Corporates Defensive
Defensive strategy that invests exclusively in hard currency emerging market corporate bonds with an investment grade rating.

 

Emerging Market Corporates Opportunistic
Focus on hard currency emerging market corporate bonds without rating restriction.

 

Emerging Market Corporates Dynamic
Focus on hard currency corporate bonds from emerging and frontier markets, including predominantly high yield bonds.

 

Multi Asset Solutions

We manage three strategies (Convex Multi Credit, Convex Multi Asset and Bond CHF Investment Grade).

Products

 

  • All of our multi asset solution strategies aim to achieve positive returns in a risk-controlled manner.
  • The factor-based top-down investment process plays a key role in the Convex Multi Credit and Convex Multi Asset strategies, ensuring maximum stability in all market conditions. We focus on asset classes in which Fisch Asset Management has profound expertise.
  • All of our employees’ pension fund assets are invested in the Convex Multi Asset strategy.

 

Managing three different strategies:

Convex Multi Credit
Long-term investment objective is money market +2%, plus a focus on stable, risk-controlled returns. The majority of investments are made in global fixed income assets and convertible bonds.

 

Convex Multi Asset
Long-term investment objective is money market +4%, plus a focus on stable, risk-controlled returns. The majority of investments are made in global fixed income assets and convertible bonds.

 

Bond CHF Investment Grade
Aims to achieve a significantly enhanced risk-return profile for Swiss franc bond investments. Focus on high-quality long-dated bonds and investment grade convertible bonds.

 

Investment teams