Credit strategies
Graian currently offers to its professional clients three credit strategies: Credit Opportunities, Defensive Credit and Special Situations Credit.
Why investing in credit
Credit strategies aim to provide income generation and stable risk-adjusted returns through investments in debt instruments. These strategies offer exposure to fixed-income securities with varying risk profiles, ranging from high-quality investment-grade bonds to opportunities in high-yield and distressed debt space. They are designed to deliver stable income, lower volatility compared to equities, and diversification benefits.
Credit Opportunities is our flagship and most flexible credit strategy. It focuses on the global high-yield credit space and the opportunities in the rates market.
Objective
By investing in fixed income securities this strategy seeks to maximize total return while maintaining a measured approach to risk.
Investment Universe
The strategy invests in cash bonds but also utilizes derivative products, such as futures and CDS indices. The strategy invests in debt instruments of DM and EM issuers, including financials, capital structure and subordinated debt securities.
Risk Management
The team assesses the risk based on numerous risk metrics, ranging from aggregate, such as portfolio duration, to idiosyncratic, such as default risk of an issuer. Key investment constraints used for portfolio construction are net rates/spread exposure, effective duration, spread duration, duration times spread and position sizing.
Investment Horizon
3 to 5 years
Reference Index
The Strategy has no benchmark and is not managed by reference to any index.
Defensive Credit strategy focuses on the higher-rated and cross-over segment of the high-yield credit as well as global investment grade bonds. The strategy mainly invests in shorter dated bonds limiting overall interest rate risk.
Objective
By investing in fixed income securities this strategy seeks to maximize total return while maintaining lower overall risk relative to Credit Opportunities strategy.
Investment Universe
The strategy invests in cash bonds but also utilizes derivative products, such as futures and CDS indices. The strategy invests in debt securities of DM and EM issuers, including financials.
Risk Management
The team assesses the risk based on numerous risk metrics, ranging from aggregate, such as portfolio duration, to idiosyncratic, such as default risk of an issuer. Key investment constraints used for portfolio construction are net rates/spread exposure, effective duration, spread duration, duration times spread and position sizing.
Investment Horizon
At least 3 years
Reference Index
The Strategy has no benchmark and is not managed by reference to any index.
Credit strategies
Graian currently offers to its professional clients three credit strategies: Credit Opportunities, Defensive Credit and Special Situations Credit.
Why investing in credit
Credit strategies aim to provide income generation and stable risk-adjusted returns through investments in debt instruments. These strategies offer exposure to fixed-income securities with varying risk profiles, ranging from high-quality investment-grade bonds to opportunities in high-yield and distressed debt space. They are designed to deliver stable income, lower volatility compared to equities, and diversification benefits.
Credit Opportunities is our flagship and most flexible credit strategy. It focuses on the global high-yield credit space and the opportunities in the rates market.
Objective
By investing in fixed income securities this strategy seeks to maximize total return while maintaining a measured approach to risk.
Investment Universe
The strategy invests in cash bonds but also utilizes derivative products, such as futures and CDS indices. The strategy invests in debt instruments of DM and EM issuers, including financials, capital structure and subordinated debt securities.
Risk Management
The team assesses the risk based on numerous risk metrics, ranging from aggregate, such as portfolio duration, to idiosyncratic, such as default risk of an issuer. Key investment constraints used for portfolio construction are net rates/spread exposure, effective duration, spread duration, duration times spread and position sizing.
Investment Horizon
3 to 5 years
Reference Index
The Strategy has no benchmark and is not managed by reference to any index.
Defensive Credit strategy focuses on the higher-rated and cross-over segment of the high-yield credit as well as global investment grade bonds. The strategy mainly invests in shorter dated bonds limiting overall interest rate risk.
Objective
By investing in fixed income securities this strategy seeks to maximize total return while maintaining lower overall risk relative to Credit Opportunities strategy.
Investment Universe
The strategy invests in cash bonds but also utilizes derivative products, such as futures and CDS indices. The strategy invests in debt securities of DM and EM issuers, including financials.
Risk Management
The team assesses the risk based on numerous risk metrics, ranging from aggregate, such as portfolio duration, to idiosyncratic, such as default risk of an issuer. Key investment constraints used for portfolio construction are net rates/spread exposure, effective duration, spread duration, duration times spread and position sizing.
Investment Horizon
At least 3 years
Reference Index
The Strategy has no benchmark and is not managed by reference to any index.