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Decline

06-02-2025 · Insight

Unraveling 9 key questions about credit – The 2025 edition

Gain expert insights into the most pressing questions in credit investing. This guide helps investors position for income, diversification, and long-term value in 2025.

Download the full publication


    Authors

  • Erik Keller - Client Portfolio Manager

    Erik Keller

    Client Portfolio Manager

  • Joop Kohler - Head of Credit team

    Joop Kohler

    Head of Credit team

Summary

  1. A shifting rate cycle, market uncertainty, and multi-year high yields make 2025 a critical year for credit

  2. We identify where credit offers the most compelling risk-adjusted returns

  3. Active selection uncovers mispriced opportunities to enhance credit returns

Following the most aggressive central bank hiking cycle in 40 years and with rate cuts now underway, 2025 promises to be unpredictable and volatile. In such times, investment grade credit remains a reliable income source, offering diversification benefits and the chance to lock in attractive returns.

This updated booklet leverages Robeco’s expertise to address client concerns about credit investing. Our goal is to provide accessible, insightful guidance on identifying value, managing risk, and unlocking opportunities. We hope these insights equip you with the knowledge and inspiration to capitalize on today’s credit environment.

Download the full publication


Global Credits DH EUR

performance ytd (30/04)
1.46%
Performance 3y (30/04)
0.71%
since inception (30/04)
1.05%
total size of fund (30/04)
2892mln
morningstar (30/04)
View the fund
Past performance is no guarantee of future results. The value of the investments may fluctuate. Annualized (for periods longer than one year). Performances are net of fees and based on transaction prices.

While absolute returns in credit markets have been disappointing in recent years, this strategy has delivered an annualized outperformance of 1.22% since inception, outperforming the index in 12 of 14 years.***

Credit Income DH EUR

performance ytd (30/04)
2.72%
Performance 3y (30/04)
2.50%
since inception (30/04)
0.49%
total size of fund (30/04)
1586mln
morningstar (30/04)
View the fund
Past performance is no guarantee of future results. The value of the investments may fluctuate. Annualized (for periods longer than one year). Performances are net of fees and based on transaction prices.

Euro Credit Bonds D EUR

performance ytd (30/04)
0.66%
Performance 3y (30/04)
2.02%
since inception (30/04)
2.00%
total size of fund (30/04)
1486mln
morningstar (30/04)
View the fund
Past performance is no guarantee of future results. The value of the investments may fluctuate. Annualized (for periods longer than one year). Performances are net of fees and based on transaction prices.

Targeting alpha in credit before others see it

Guided by a contrarian approach and backed by 50 years of expertise, we target undervalued opportunities others overlook, aiming to generate strong risk-adjusted returns through market cycles.


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