Titan Investment Solutions has added two new funds to its fixed income suite.
The Titan Core Credit and Titan Short Duration IG Income funds bolsters Titan’s fixed income offerings, adding to the existing £236m Titan Hybrid Capital Bond fund.
Each fund will be managed by head of fixed income Peter Doherty, who joined the firm from Sanlam Investment UK last November.
Titan Core Credit will primarily invest in senior investment-grade corporate bonds issued by large-cap companies, while it has the ability to allocate to corporate hybrid bonds and subordinated bank and insurance debt.
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Meanwhile, 60-80% of the Titan Short Duration IG Income will be made up of AAA and AA liquid bonds with a maximum duration of 18 months, including covered bonds, sovereign debt and supranational credits.
The fund will target a return of 0.5% above the Bank of England base rate on a rolling one-year basis.
Doherty said: “Alongside the Titan Hybrid Capital Bond fund, I believe the new bond funds will work well together, with each one investing in a different segment of the bond markets.
“Both funds are underpinned by our pragmatic approach to the bond markets, investment management and risk monitoring. Our primary goal to ensure the fixed income allocations deliver long-term capital growth and high-quality risk-adjusted returns for investors and not just sub-standard returns from passive ETFs.
“Fixed income can complement the returns delivered by the equities and alternatives, without taking undue risk, and capturing this for end clients is the exciting part of our job.”
