Fund manager launches high-yield vehicle with daily liquidity

A Swedish mutual fund manager is bringing a global corporate bond fund without currency exposure to the market amid high demand.
Daniel Karlgren, Head of Asset Management and portfolio manager of Aster Global High Yield, Captor | Photo: PR / Captor
Daniel Karlgren, Head of Asset Management and portfolio manager of Aster Global High Yield, Captor | Photo: PR / Captor

There is currently high demand for return sources that are in line with, but far less volatile than, the equity market. Swedish fund manager Captor has decided to meet that demand by launching Aster Global High Yield, a credit fund managed with no “unnecessary currency hedging costs,” the firm announces in a statement.

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