DGAP-News: 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
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C-QUADRAT Investment AG: ESG high-yield credit team moves from JAR Capital Ltd. to C-Quadrat Asset Management GmbH
16.10.2019 / 09:00
The issuer is solely responsible for the content of this announcement.
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
The CQ Investment Group consists of several independent asset management companies specialising in both quantitative and discretionary absolute and total return strategies. All investment activities are geared towards achieving a continuous and sustainable performance for institutional and private investors. Established in Vienna in 1991, the CQ Investment Group has offices in Vienna, London, Frankfurt, Paris, Geneva, Zurich, Madrid, Yerevan and Tbilisi and operates in more than 21 countries throughout Europe and Asia.For further information from CQ:
Günther Kastner
Managing Director
Schottenfeldgasse 20
A-1070 Vienna
Tel.: +43 1 515 66 612
E-mail: g.kastner@c-quadrat.comwww.c-quadrat.comImportant notice: All investments entail risk. The basis for the purchase of investment units is the current prospectus, the key investor information documents ("KID", "KIID"), the annual report, and, if older than eight months, the semi-annual report. Potential investors may obtain the current German-language versions of these documents free of charge from Universal-Investment-Luxembourg S.A.,15, rue de Flaxweiler, 6776 Grevenmacher, Luxembourg or at www.universal-investment.com. All rights reserved.
16.10.2019 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.The issuer is solely responsible for the content of this announcement.The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de
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