dv734006.jpg

Credit investing

A long history of innovation

We’ve been corporate bond investors since the 1970s and were one of the first European investors to launch a global high yield credit strategy. Today we’re also an industry leader in sustainable credits investing, with trailblazing SDG and climate-focused credit strategies. We continue to innovate, all while staying focused on running well-diversified and sustainable portfolios, where we take on the right level of risk at the right time.

Guide to SDG Credits


Unmoved by market hype

Our style is contrarian, value-focused and research-driven. Our overall view of the credit cycle – as the Credit Quarterly Outlook – is the framework for our disciplined process of selecting the right bonds for the investment portfolios. In this way our strategies are designed to navigate market cycles, exploit market inefficiencies, and contribute positively to sustainable activity. A contrarian style can only be successful if it is backed by in-depth research capabilities. Our international team of analysts have the research skills, global sector expertise and sustainable investing knowledge to pinpoint the best opportunities. They form part of our stable credit team of investment professionals who know how to navigate the credit cycle: when and where to invest and what to avoid.

Understanding true risk

Incorporated in this process is our focus on measuring the true risk of our portfolios – historically, one of the biggest challenges facing credit investors. We developed an innovative method to do so in 2003, based on the observation that the product of a bond’s credit spread and its duration – its Duration Times Spread – accurately predicts its future volatility. The concept of DTS has found its way into all aspects of how we manage our credit portfolios at Robeco and has become an industry standard for measuring risk.

Credit quarterly outlook


Capturing truly sustainable rewards

In credit investing, where managing risk is a primary focus, a clear sustainability mindset is essential. In fact, we would argue that integrating long-term environmental, social and governance considerations into the investment process – as we have done since 2010 – is an important step in mitigating downside risk. Risks related to carbon emissions and how companies deal with these risks are now also integrated into our processes. In the end, these rigorous sustainability checks and balances help us identify credit opportunities that will potentially deliver longer-term rewards.

We’ve also built on this approach by creating investment strategies that specifically target certain sustainability goals. Our impact solutions include the SDG Credit range, our Global and US Green Bond strategies, and the Global Climate Credit and Global Climate Bonds strategies.

Compelling quantitative solutions

In addition to our fundamental credit strategies, we offer a suite of quantitative, factor-based credit strategies. Robeco’s work in quantitative fixed income dates back to 1995, and relies on an experienced and stable team that has produced award-winning academic publications and launched strategies providing a range of client solutions.

Our credit strategies


loader

Defining fair value in global credit markets

Research & Outlook

Let's keep the conversation going

Keep track of fast-moving events in sustainable and quantitative investing, trends and credits with our newsletters.

Don’t miss out
Robeco

Robeco aims to enable its clients to achieve their financial and sustainability goals by providing superior investment returns and solutions.

Important information
The Robeco Capital Growth Funds have not been registered under the United States Investment Company Act of 1940, as amended, nor or the United States Securities Act of 1933, as amended. None of the shares may be offered or sold, directly or indirectly in the United States or to any U.S. Person (within the meaning of Regulation S promulgated under the Securities Act of 1933, as amended (the “Securities Act”)). Furthermore, Robeco Institutional Asset Management B.V. (Robeco) does not provide investment advisory services, or hold itself out as providing investment advisory services, in the United States or to any U.S. Person (within the meaning of Regulation S promulgated under the Securities Act).
This website is intended for use only by non-U.S. Persons outside of the United States (within the meaning of Regulation S promulgated under the Securities Act who are professional investors, or professional fiduciaries representing such non-U.S. Person investors. By clicking “I Agree” on our website disclaimer and accessing the information on this website, including any subdomain thereof, you are certifying and agreeing to the following: (i) you have read, understood and agree to this disclaimer, (ii) you have informed yourself of any applicable legal restrictions and represent that by accessing the information contained on this website, you are not in violation of, and will not be causing Robeco or any of its affiliated entities or issuers to violate, any applicable laws and, as a result, you are legally authorized to access such information on behalf of yourself and any underlying investment advisory client, (iii) you understand and acknowledge that certain information presented herein relates to securities that have not been registered under the Securities Act, and may be offered or sold only outside the United States and only to, or for the account or benefit of, non-U.S. Persons (within the meaning of Regulation S under the Securities Act), (iv) you are, or are a discretionary investment adviser representing, a non-U.S. Person (within the meaning of Regulation S under the Securities Act) located outside of the United States and (v) you are, or are a discretionary investment adviser representing, a professional non-retail investor.


Access to this website has been limited so that it shall not constitute directed selling efforts (as defined in Regulation S under the Securities Act) in the United States and so that it shall not be deemed to constitute Robeco holding itself out generally to the public in the U.S. as an investment adviser. Nothing contained herein constitutes an offer to sell securities or solicitation of an offer to purchase any securities in any jurisdiction. We reserve the right to deny access to any visitor, including, but not limited to, those visitors with IP addresses residing in the United States. This website has been carefully prepared by Robeco. The information contained in this publication is based upon sources of information believed to be reliable. Robeco is not answerable for the accuracy or completeness of the facts, opinions, expectations and results referred to therein. Whilst every care has been taken in the preparation of this website, we do not accept any responsibility for damage of any kind resulting from incorrect or incomplete information. This website is subject to change without notice. The value of the investments may fluctuate. Past performance is no guarantee of future results. If the currency in which the past performance is displayed differs from the currency of the country in which you reside, then you should be aware that due to exchange rate fluctuations the performance shown may increase or decrease if converted into your local currency. For investment professional use only. Not for use by the general public.