Register to get unlimited access to Citywire’s fund manager database. Registration is free and only takes a minute.

Candriam Long Short Credit C

Ranked 53 out of 83 in - Bond Strategies over 12 months
All calculations are in EUR unless stated

Managed by

Nicolas Jullien

Philippe Noyard

Philippe Noyard has been head of high yield & credit arbitrage management at Candriam since 2009. He is also a member of our Credit Risk Committee. In 1987 he joined Neuflize Schlumberger Mallet in France as a portfolio manager and two years later moved to Candriam, also as a portfolio manager. He was appointed head of high yield management in 1999, and head of high yield & credit arbitrage management and a member of our Credit Risk Committee in 2009. He has master’s degrees in economics and finance and in finance & wealth management from the University of Economy in Clermont-Ferrand in France.

Patrick Zeenni

Specialising in high yield & arbitrage credit products, Patrick Zeenni is a senior fund manager at Candriam having joined the company in 2003. Prior to joining Candriam, he worked at Société Générale and served as head of bonds & derivatives at Bayerische Landesbank Paris. Patrick earned a degree in Financial Markets at Paris Dauphine University and he is a CFA Charterholder. Away from the office, he likes skiing, golf, tennis and listening to music.

Objective

The fund is an absolute performance UCITS IV fund offering daily liquidity. The fund captures investment opportunities on the corporate credit markets through arbitrage strategies and directional strategies (long and/or short), on bonds and credit derivatives. The fund invests in a wide investment universe of private-sector bond issuers, in both the Investment Grade and High Yield categories, rated at least CCC+/Caa1, with a geographical diversification including Europe, North America and Japan (on an ancillary basis).

Showing fund performance in Chile View performance globally

Performance

Bond Strategies over : 31/10/2016 - 31/10/2017
  • Rank 53/83 Total Return
  • Rank 3/83 Standard Deviation
  • Rank 3/83 Max Drawdown
Fund Name Currency Return
51 XAIA Credit Basis II (I) EUR

0.7%

52 Old Mutual Absolute Return Govt Bd A EUR Hdg Acc

Currency exposure is hedged

Currency exposure is hedged

EUR

0.7%

53 Candriam Long Short Credit C EUR

0.5%

54 GAM Star Emerging Market Rates EUR Acc EUR

0.5%

54 GAM Multibond - Absolute Return Bd-EUR B EUR

0.5%

Fund Name Currency Risk
1 Kames Absolute Return Bond Cons B Acc EUR

Currency exposure is hedged

Currency exposure is hedged

EUR

0.3

2 LBBW Pro-Fund Absolute Return Rates EUR

0.3

3 Candriam Long Short Credit C EUR

0.4

4 KCD-Mikrofinanzfonds - III EUR

0.5

5 BNP Paribas Senior European Securitisation X EUR

0.6

Fund Name Currency Loss
1 Alegra Credit Fund -EUR- EUR

0%

1 BNP Paribas Senior European Securitisation X EUR

0%

3 Candriam Long Short Credit C EUR

-0.1%

3 LBBW Pro-Fund Absolute Return Rates EUR

-0.1%

5 Kames Absolute Return Bond Cons B Acc EUR

Currency exposure is hedged

Currency exposure is hedged

EUR

-0.2%

Total Return

Quarterly Performance

to 29/09/2017 Annual Q1 Q2 Q3 Q4
2017 0.0% 0.2% 0.1%
2016 0.7% 0.3% 0.2% 0.1% 0.0%
2015 0.7% 0.8% -0.3% -0.1% 0.3%
2014 1.3% 0.5% 0.7% -0.1% 0.2%
2013 1.5% 0.1% 0.3% 0.5% 0.6%
2012 4.0% 1.7% 0.3% 0.9% 1.1%
2011 1.9% 0.8% 0.5% -0.2% 0.8%
2010 4.4% 2.0% 0.6% 1.2% 0.5%

Month by Month Performance

Returns Vs Risk

Registered For Sale In

  1. Austria
  2. France
  3. Germany
  4. Italy
  5. Luxembourg
  6. Spain
  7. Switzerland
  8. United Kingdom

Fund Info

  • Launch date27/10/2009
  • Share Class size994Mn
  • Base currencyEUR
  • ISIN FR0010760694

Purchase Info

  • Min. initial investment0
  • Min. regular additional investment0

Charges

  • Annual management0.55%

Related News

HY issuance set to sky-rocket, says Alt Ucits credit manager

Increased efforts among EM and non-core European issuers will drive record levels after pace slackened, Candriam's Patrick Zeenni has said.

Performance is for the period shown (month end to month end, bid/bid, gross income reinvested, calculated in the currency and currencies indicated).