C-QUADRAT Investment AG
C-QUADRAT Investment AG: ESG high-yield credit team moves from JAR Capital Ltd. to C-Quadrat Asset Management GmbH
DGAP-News: C-QUADRAT Investment AG
/ Key word(s): Miscellaneous/Funds
ESG high-yield credit team moves from JAR Capital Ltd. to C-Quadrat Asset Management GmbH – New investment team is a pioneer in the field of high-yield corporate bonds integrating ESG criteria – C-Quadrat Asset Management also acquires ESG high-yield fund Vienna, October 16th, 2019 – C-Quadrat Asset Management is to acquire the ESG high-yield credit team of the London investment boutique JAR Capital. This team is one of the pioneers in the European high-yield corporate bond sector. It adopted a commitment to sustainability early on: In 2014, JAR Capital was the first fund manager to systematically integrate this topic in its investment process for European high-yield corporate bonds. This personnel growth also means that C-Quadrat Asset Management will acquire the management of the JAR ESG High Yield UI fund (ISIN: LU1736823441 and ISIN: LU1736823367), a Luxembourg-domiciled UCITS fund with a fund volume of approx. EUR 83 million, as of October 21st 2019. “We are delighted that with this team highly experienced managers and analysts in the European high-yield sector will now provide additional support for C-Quadrat Asset Management and thus ideally complement our product range with microfinance, equities and investment-grade corporate bonds. Their sustainability philosophy is the right fit for us, and our new colleagues will help us to further expand our position as a leading provider of sustainable investment products,” says Günther Kastner, the managing director of C-Quadrat Asset Management GmbH. The credit team joining C-Quadrat Asset Management has successfully worked together for almost two decades. The senior portfolio manager, Kerrin Tansley, has managed funds in the fixed-income segment since 1990 and, since 1996, portfolios in the European high-yield segment, initially for Axa Colonia and, since 1999, for Muzinich & Co. Carl Berthold, the portfolio manager in charge of the development of this business division, has been responsible for the active management of fixed income and credit products since 2000, for instance at Deutsche Asset Management and Stanfield Capital Partners. Tansley and Berthold were both co-founders of JAR Capital Credit Management. “As a pioneer in the field of impact asset management, C-Quadrat Asset Management offers optimum conditions for us as a team, for our fund and for all of our investors,” says the portfolio manager Carl Berthold. About CQ
16.10.2019 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG. |