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Union Bancaire Privée, UBP SA (UBP) announced today that it has further expanded its fixed income offering with the launch, in December 2022, of a new high-income strategy: UBAM - Strategic Income.
UBAM - Strategic Income’s objective is to generate a high level of income coupled with a strong BB-rating risk profile. The fund aims at returning 7% per annum over the investment cycle, by allocating to the high-income segments of the global credit markets including high-yield bonds, subordinated corporate and financial debt, and securitised credit like collateralised loan obligations (CLOs).
The lead manager on the new strategy is Philippe Gräub, supported by Thibault Colle and Bernard McGrath, portfolio managers within UBP’s Global and Absolute Return...
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