Baines said: “We believe that short-dated high yield represents a lower volatility segment of the high yield bond market, and one that has historically offered very attractive risk adjusted returns.
“We have a long established and successful track record in the high yield market, where we have delivered superior risk adjusted returns via a benchmark agnostic strategy which combines detailed company-specific credit research with active top-down asset allocation.
“This new fund launch is a natural extension of those capabilities.”
