Bringing you live news and features since 2006 

Kames Capital to launch short dated high yield global bond fund


Kames Capital is to launch a short dated high yield bond fund aimed at providing attractive risk adjusted returns, while maintaining low interest rate and credit sensitivity – subject to regulatory approval.

The Kames Short Dated High Yield Global Bond Fund leverages the expertise of its five strong high yield team, which includes David Ennett, Kames’ head of high yield, and Phil Milburn, head of fixed income investment strategy.
The team is currently responsible for USD2 billion of global high yield mandates and the wider 28 strong fixed income team.
It will have a global remit to maximise its opportunity set and will adopt an investment process that focuses our strong stock picking ability, while aiming to deliver a lower risk strategy with a sub two-year duration target and careful use of the CCC and below segment of the market.
The fund will be managed by Stephen Baines and Ennett, supported by Jack Holmes. It will be Dublin domiciled (subject to regulatory approval) and will have US Dollars as its base currency, although it will also have Sterling, Euro, Swiss Franc and Swedish Krona share classes.
Baines says: “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.”

Latest News

News came last night from the US that the SEC has approved CBOE’s proposal to list and trade VanEck’s spot..
Irish domiciled funds surpassed EUR4.3 trillion AuM (Assets under Management) at end-March 2024, a 15 per cent increase in net..
European white label ETF platform, HANetf, has announced its total assets under management (AUM) has now exceeded USD4.31 billion...
New research from European ETF provider Tabula Investment Management shows investors are expecting improvements in ESG from the gold mining..

Related Articles

Timothy Rotolo, Range Funds
In 2023, Timothy Rotolo launched his business, Range Fund Holdings, the parent company for Range Indices and Range ETFs, followed...
Dan Miller, IQ-EQ
With just over a week to go till T+1 settlement begins in North America, Canada and Mexico, time is of...
Emily Spurling, Nasdaq
Last October’s ETF Express US Awards 2023 found Nasdaq winning Best Index Provider – ESG ETFs and Best Index Provider...
Vinit Srivistava, MerQube
Index provider, MerQube, launched in 2019, with the aim of providing a “technology-driven answer to the most complex, rules-based investment...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by