Mirabaud - Global Short Duration DH dist. GBP

A global fixed income strategy that aims for a positive total return with lower volatility by dynamically managing short-duration bonds across the investment grade and high yield universe. We focus on hard maturity (not callable) bonds to limit default, extension risk and volatility. A top-down, macro view informs our allocation across the different geographies and sectors. With an emphasis on quality, our bottom-up analysis incorporates fundamental, technical and valuation (FTV) factors, along with ESG integration to help us identify strong sustainable opportunities.

Approach to sustainability

We encourage responsible and sustainable industry practices, and assess how material ESG issues can positively and negatively impact the overall credit profile. The integration of ESG and extra-financial considerations into our analysis is key to understanding risk and long-term opportunity. Our three-step process: 1. Exclusion – we apply an exclusion filter for controversial activities; 2. Positive screening – companies are reviewed according to their ESG-climate profile using a traffic light system that classifies the universe into green, orange and red investments; we exclude the worst performing 20%. Eligible companies are subject to Fundamental, Technical & Valuation analysis to define the portfolio 3. Engagement (post-investment), through active engagement we address ESG/climate issues and encourage best practices among orange issuers and across critical sectors for energy transition.