Drawing on over 15 years of experience and expertise in European non-investment grade credits, Oaktree’s step-out European High Yield Bond and Senior Loan strategy employs relative value analyses to construct optimized portfolios of European bonds and loans. As an absolute return strategy, the European High Yield Bond and Senior Loan strategy seeks to achieve superior risk-adjusted returns over credit cycles through selective investment in high quality borrowers, with an emphasis on income and long-term growth. The portfolios are managed by an experienced team of investment professionals in our London office, under the leadership and direction of co-portfolio managers James Turner and Madelaine Jones.
“With the flexibility to actively allocate between both asset classes, we have the opportunity to take advantage of dislocations between high yield bonds and senior loans through increasing representation of the more attractively priced asset class,” says James Turner. “We believe by selecting the best relative value of these instruments within the capital structure of issuers, we have the potential to enhance returns.”
The European High Yield Bond and Senior Loan strategy focuses on the senior secured debt of European issuers and companies with significant exposure to Europe, but may opportunistically invest in rated CLO tranches, direct loans/private placements, and stressed loans and bonds. The strategy benefits from the same fundamental value approach and risk-controlled methodology that has been successfully applied by Oaktree’s credit strategies for over 25 years.
Learn more about Oaktree's SICAV Funds.