Team Resources Views

Our approach

As an established and experienced high yield manager, we have a long-standing commitment to delivering high yield solutions that meet our clients’ needs. We follow a truly global approach, scouring the world's markets to create high-conviction, risk-aware high-yield portfolios that are unconstrained by a benchmark.

Commitment

Our high yield portfolio managers are supported by an experienced fixed income research team based locally in London, Chicago, Paris, Singapore and Toronto.

Creativity

Disciplined research process, focused on fundamentals, valuations and technicals, is central to the creativity of our high yield idea generation.

Construction

The key to high yield investing lies in portfolio construction. Balancing high-conviction ideas and avoiding defaults ensures downside risks are minimised.

Benefits

Offering diversification and attractive income potential, high yield bonds can play an important role in a balanced portfolio of assets.

Diversification

Given their low to moderate correlation with other asset classes, high yield bonds can provide diversification within a balanced portfolio.

Smoother returns

Over the past 25 years, high yield bonds have delivered similar returns to equities but with almost half the volatility.

Attractive income

High yield bonds represent a rare source of competitive income at a time when yields are abnormally low.

Key risks

Investment risk

The value of an investment and any income from it can go down as well as up. Investors may not get back the original amount invested.

Credit risk

Bond values are affected by changes in interest rates and the bond issuer's creditworthiness. Bonds that offer the potential for a higher income typically have a greater risk of default.

Derivatives risk

The strategies may use derivatives; these can be complex and highly volatile. Derivatives may not perform as expected, which means the strategies may suffer significant losses.

Investor in funds

The strategies may invest in other strategies; this means the overall strategy charges may be higher.

Illiquid securities risk

Certain assets held in the strategies could, by nature, be hard to value or to sell at a desired time or at a price considered to be fair (especially in large quantities), and as a result their prices could be very volatile.

High yield strategies

Aviva Investors
Global High Yield Bond Strategy

This strategy aims to maximise total returns and generate income with a strong emphasis on limiting drawdowns by investing in a high conviction, diversified portfolio of global high yield bonds.

Aviva Investors
Short Duration Global High Yield Bond Strategy

This strategy follows a similar approach to its Global High Yield cousin but focuses on bonds with a maturity of five years or less and duration of three years or less.

High yield team

Kevin Mathews

Global Head of High Yield

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Brent Finck

Senior Portfolio Manager, Global High Yield

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Sunita Kara

Senior Portfolio Manager, Global High Yield

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Chris Higham

Senior Portfolio Manager, Multi-Strategy Fixed Income

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Need more information?

For further information, please contact our investment sales team.

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Read more about the strategies

Explore our fixed income range

Emerging Market Debt

Emerging market debt

A range of emerging market debt strategies that invest across hard and local currency markets.

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Fixed income views

Could the euro zone periphery head off the rails again?

2 Apr. 2019

Almost a decade on from the sovereign debt crisis, we explore whether the euro zone’s peripheral economies have materially improved or old vulnerabilities will again become apparent as growth slows.

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RA18/1384/31122019