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ABSALON - Global H.YLD.-I EUR

Ranked 1 out of 42 in - Global High Yield over 12 months
All calculations are in EUR unless stated

Managed by

Klaus Blaabjerg

Klaus Blaabjerg has an MSc in Economics from the University of Copenhagen. In 1999, he began his career at Realkredit Danmark where he worked as a Risk Manager. He later moved over to Nykredit Asset Management as a Portfolio Manager, and in 2000, Klaus became the responsible Fund Manager for Nykredit Invest Engros Eurokredit. After Nykredit, Klaus was employed as a Senior Portfolio Manager at Bankinvest, responsible for launching and managing Bankinvest Corporate Credit, a Global Investment Grade fund with around 10% exposure to Emerging Market Corporates. Klaus resigned from Bankinvest in the summer of 2005 and joined Sparinvest where he was responsible for credit products. In January 2014, Klaus became Head of Fixed Income at Sparinvest. Klaus resigned from his position at Sparinvest May 2014 after having developed the credit business from zero to more than 2 billion EUR. He joined Absalon Capital in January 2015.

Peter Dabros

Peter Dabros is a senior portfolio manager. Peter has an MSc in Economics from the University of Copenhagen. From 2002 to 2007, and while still attending university, Peter worked in Credit Research at Nordea Markets as an Assistant Analyst. He joined the research team as a full time analyst in 2007. In 2012, Peter moved to Sparinvest as a Portfolio Manager in the Value Bonds team, where he managed Investment Grade funds and co-managed High Yield and Short Maturity funds. He joined Absalon Capital in November 2014.

Objective

The fund uses a variety of strategies to achieve the target by investing in corporate debt from global issuers including different parts of the capital structure of a company like cash bonds or convertible bonds, taking advantage of the difference in pricing of credit spread between cash bonds and credit default swaps (CDS) or exploiting credit, yield curves and currency movements. The fund may invest up to 100% in High Yield Bonds. The benchmark is: 100% BofA ML Global HY TR (EUR) hedged.

Showing fund performance in Norway View performance globally

Performance

Global High Yield over : 31/01/2017 - 31/01/2018
  • Rank 1/42 Total Return
  • Rank 35/42 Standard Deviation
  • Rank 8/42 Max Drawdown
Fund Name Currency Return
1 ABSALON - Global H.YLD.-I EUR EUR

10.8%

2 Schroder ISF Global High Income Bond EUR Hdg B Dis

Currency exposure is hedged

Currency exposure is hedged

EUR

9.0%

3 Morgan Stanley Global High Yield Bond AHX EUR

Currency exposure is hedged

Currency exposure is hedged

EUR

6.9%

4 Capital Group Gl High Inc Opps (LUX) Xh EUR

Currency exposure is hedged

Currency exposure is hedged

EUR

6.8%

5 Jyske Invest High Yield Corporate Bonds CL

Currency exposure is hedged

Currency exposure is hedged

EUR

6.3%

Fund Name Currency Risk
33 Oaktree (Lux.) Fds Oaktree Global HY Bd FdH EUR B

Currency exposure is hedged

Currency exposure is hedged

EUR

2.4

33 Wellington Global High Yield Bond EUR S Acc Hdg

Currency exposure is hedged

Currency exposure is hedged

EUR

2.4

35 ABSALON - Global H.YLD.-I EUR EUR

2.7

36 Goldman Sachs Glo High Yield Pf OCS EUR-H

Currency exposure is hedged

Currency exposure is hedged

EUR

2.7

37 Schroder ISF Global High Income Bond EUR Hdg B Dis

Currency exposure is hedged

Currency exposure is hedged

EUR

2.7

Fund Name Currency Loss
6 AXA WF Global High Yield Bonds A C EUR H

Currency exposure is hedged

Currency exposure is hedged

EUR

-0.3%

6 Invesco Global High Income A Acc EUR Hdg

Currency exposure is hedged

Currency exposure is hedged

EUR

-0.3%

8 ABSALON - Global H.YLD.-I EUR EUR

-0.4%

8 Robeco High Yield Bonds DH EUR

Currency exposure is hedged

Currency exposure is hedged

EUR

-0.4%

8 Schroder ISF Global High Yield EUR Hedged A Acc

Currency exposure is hedged

Currency exposure is hedged

EUR

-0.4%

Total Return

Quarterly Performance

to 01/01/2018 Annual Q1 Q2 Q3 Q4
2017 11.6% 4.8% 1.8% 3.0% 1.5%
2016 17.5% 0.8% 4.1% 7.5% 4.1%
2015 -0.9% -7.5% -1.4%

Month by Month Performance

Returns Vs Risk

Registered For Sale In

  1. Austria
  2. Denmark
  3. Finland
  4. Germany
  5. Italy
  6. Luxembourg
  7. Norway
  8. Sweden

Fund Info

  • Launch date04/03/2015
  • Share Class size99Mn
  • Base currencyEUR
  • ISIN LU1138630212

Purchase Info

  • Min. initial investment500,000
  • Min. regular additional investment0

Charges

Performance is for the period shown (month end to month end, bid/bid, gross income reinvested, calculated in the currency and currencies indicated).