Chris joined Henderson Global Investors in 2003 as a credit analyst. He has been co-manager on the absolute return credit funds since 2006 and subsequently launched the Euro Corporate Bond Fund and Euro High Yield Bond Funds in late 2009 and 2012 respectively. Chris trained as a management accountant with Zeneca and Accenture, before joining Insight Investment as a credit analyst.
High income in a yield starved world
Two decades ago the high yield bond market was largely the preserve of the US. Fast forward to today and companies around the world are using high yield bonds as a source of finance, meeting the needs of investors seeking exposure to quality income-generating assets.
Chris Bullock, the co-manager of the Henderson Horizon Euro High Yield Bond Fund, explains why a selective stock-picking approach is critical to success. He highlights the potential offered by the asset class, but also charts the potential risks, explaining how these can be managed and how the team at Henderson seek to avoid defaults. Chris will run through Henderson's approach to capturing the best of Euro high yield, which plays to the company's strength in fundamental credit research.