News USD 1 billion in assets and counting: Credit Suisse (Lux) AgaNola Global Convertible Bond Fund
The Credit Suisse (Lux) AgaNola Global Convertible Bond Fund has surpassed USD 1 billion in assets under management. It has reached this milestone after a period of rapid and impressive growth. This is a further indication that the asset class, the concept of the fund and its management team are delivering for investors.
The fund’s quality is not only evidenced by the raw growth in AuM, but it has also been recognized through various accolades. These include a 5-star rating from Morningstar in December 2018 and the Lipper Fund Award in the Global Convertibles category for the fund’s risk-adjusted performance over three years in 2017, to name a few.
An attractive asset class, a distinctive approach
Convertibles have enjoyed a track record of attractive risk-adjusted returns over the years. They benefit from a rapidly changing universe that favors the most dynamic sectors and tend to deliver their best relative performance in an environment of high volatility and/or rising interest rates: all factors likely to attract increasing attention to the asset class going forward. The fund is the product of a strategic collaboration between AgaNola and Credit Suisse Asset Management, which co-manage the fund, and offers unique exposure to the asset class. It combines an actively managed, investment-grade-focused approach with an unconstrained delta strategy.