QAM European Credit Opportunities
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Quadriga Asset Managers European Credit Opportunities (QAMECO) is a corporate bond Long Only fund whose objective is to invest in the best credit opportunities in Europe through a strategy that combines:
- CARRY: recurring income from bonds where we expect a sustained improvement in their credit metrics.
- EVENTS: capital appreciation from events that lead to a significant change in the company’s credit profile.
- MACRO OVERLAY: to reduce interest rates and credit spreads volatility.
The fund will typically hold 40-50 bonds selected after a rigorous fundamental analysis of the companies’ capital structure and their repayment capacity, as well as their comparables and the attractiveness of the risk-adjusted returns.
Investment Process
- THOROUGH FUNDAMENTAL ANALYSIS of each company.
- MACROECONOMIC ANALYSIS and its effect on interest rate curves.
- ACTIVE INVESTMENT by buying the cheapest bonds according to their risk and selling them at a higher price.
- LIQUIDITY CONTROL.
More
Fund launched in February 2023 to take advantage of the extensive experience of the management team in the credit markets. Since inception it has accumulated 13.5% return with 3.5% volatility.
The fund offers Capitalization Classes and Distribution Classes designed for both Retail and Institutional clients.
Rodrigo Hernando, CEO
- Founding partner of Auriga Global Investors, with 29 years of investment experience among the most respected players in the fixed income and credit markets in Iberia.
- Before co-founding Auriga in 2007, Rodrigo was the Director of Fixed Income at Caja Caminos and the Director of Fixed Income at Activos en Renta.
- Rodrigo holds a degree in Economics and Business Studies from Wolverhampton University, UK, 1995.
José Mosquera, CIO
- Over 27 years of experience in investments, proprietary trading, and market-making in global fixed income and credit markets in both cash and derivatives.
- Before joining the RHO team in 2015, José served as General Director and Head of Team Management and Trading at leading firms in the sector such as Barclays Capital, UBS y HSBC.
- José holds a Master’s degree in International Securities, Investment, and Banking from Henley Business School, UK, 1997.
Jorge Peñalba, Sr. Analyst
- 10 years of professional experience in corporate finance.
- Before joining the team, Jorge was an M&A Analyst at the UBS London office before moving to the Madrid office as an Associate Director.
- Jorge holds a degree in Business Administration and Management from CUNEF, having completed a year of studies at the University of South Carolina.
Catalina Augustin – IR
- An engineer who shifted her focus to the financial sector and Investor Relations.
- She began her career managing renewable energy projects at Acciona, collaborating with startups and securing institutional funding for innovation projects. She later developed her IR profile at a venture capital firm.
- Catalina holds a dual Master’s degree in Smart Industry and Industrial Engineering from ICAI – Universidad Pontificia Comillas.
Prospectus
Prospectus
MANAGEMENT TEAM
Rodrigo Hernando, CEO
José Mosquera, CIO
Jorge Peñalba, Sr. Analyst
CONTACT PERSON
Catalina Augustin
CURRENCY
EUR
CLASS
ISIN Class B: LU2577365476
BLOOMBERG: QUAMECU LX
LIQUIDITY
Daily
