Tresidor Investment Management
Credit investments play an important role in diversifying our portfolio. They are particularly attractive when there are high levels of mispricing in credit markets, as has been the case throughout 2024. We have been active in credit strategies over many decades and view the current backdrop of higher interest rates, retrenchment of corporate bank lending and large volumes of debt refinancing as a compelling opportunity.
- Pillar
- Uncorrelated Strategies - Credit
- Theme
- Underpriced corporate credit
- Status
- Current Investment
- Geography
- Europe
- Invested date
- April 2020
Our partnership with Tresidor Investment Management has enabled the portfolio to benefit from this environment, taking advantage of mispriced European investments across ‘performing’, ‘stressed’ and ‘distressed’ credit.
Throughout 2024, the portfolio has seen gains from investments across a range of sectors including, IT services (Atos), insurance and travel (Saga) and financial services (Arrow Global).
