Investment Strategies

Euro High Yield

Euro-denominated corporate credits that have a BB rating

Objective

We invest primarily in Euro-denominated corporate credits that have a BB rating, alongside subordinated bonds with the aim of earning attractive total return (income and capital appreciation) over the long term.

Philosophy

In our view:

the European high-yield market contains mispricings which can be identified and traded and is now deep enough and broad to offer scope for diversified investment;
the higher-quality segment of the market offers the most attractive risk-adjusted returns; and
an active investment and risk management approach, which integrates ESG, is best placed to secure attractive yields for investors, as well as create and preserve additional value by capitalising on market mispricings.

Approach

Our experienced team follows a systematic process that blends quantitative and qualitive expertise and experience and seeks to:

combine investments primarily in the BB market segment with attractive risk-return potential with subordinated bonds offering high-yield spreads for investment-grade credit profiles;
apply an active top-down and bottom-up approach to macro and fundamentals analysis to construct and risk manage a diversified portfolio of credits; and
integrate ESG considerations throughout the investment lifecycle.

Strategy overviews

Strategy Overview Euro High Yield

Meet our team

Alain van der Heijden

a.vanderheijden@vanlanschotkempen.com

Joost de Graaf

joost.degraaf@vanlanschotkempen.com

Connect with experts in your market

Euro High Yield Insights

Subscribe to our Insights

Make sure you never miss out on our thought-leadership or insightful events

Subscribe now

Fund library

Please visit our fund library for detailed information on our funds. For more sustainability-related information, please refer to the sustainability-related information section of the fund library

Go to fund library

There’s a saying in Dutch, Kom verder, it means many things and it’s our business philosophy. It captures the way we work with clients but also the way we steer our investee companies to deliver shareholder value through active engagement.

Capital at risk. The value of investments and the income from them can fall as well as rise, and investors may not get back the amount originally invested. Past performance provides no guarantee for the future.