Multi-Asset Credit

Our multi-asset strategies blend different sub-asset classes of corporate credit, seeking to optimise clients’ risk/return profiles, underpinned by a strong capital preservation mindset. These strategies include tactical programmes, which aim to increase or decrease risk exposure depending on the market environment, and more illiquid programmes that combine public and private credit instruments into a single portfolio.

Our Advantage

Dynamic and Flexible Approach – across the fixed income universe and in different instruments in the corporate capital structure
Utilizes Global Resources – with regular input from the Asset Allocation Group which shapes top-down and bottom-up views
Ability to Combine Liquid/Illiquid Credit – leveraging our research and portfolio management teams in public and private markets

Capital at risk. The value of investments and the income from them may fall as well as rise and is not guaranteed. Investors may not get back the full amount invested. Past performance is not an indication of current or future performance.

Illiquidity Risk: Illiquidity occurs when a security or other asset that cannot easily and/or quickly sold or exchanged for cash without a substantial loss in value. As a result, investments may be illiquid and there can be no assurance that investments can be bought or sold.

“We take a collaborative approach in our multi-asset strategies, utilizing the deep credit expertise of our global investment team with the dual purpose of generating yield while preserving capital”

Mike McEachern, Co-Head of Public Markets, Portfolio Manager

Our Strategies

Multi-Asset Credit – Global Tactical Credit

Multi-Asset Credit – Dynamic Credit Income

Multi-Asset Credit – European Multi-Strategy Solutions

Insights

Apr 11, 2025

Muzinich Asset Allocation Group Monthly Update - April 2025

Please click to watch our latest Asset Allocation Group video update for the month of April 2025.

Mar 25, 2025

Beyond boundaries: The power of multi-asset credit investing

The ability to allocate across geographies, sectors and sub-asset classes can offer investors the potential for compelling returns and diversified credit exposure inside a single portfolio, argues Mike McEachern.

Jun 19, 2024

Return of the MAC: A dynamic approach to credit investing

With fears of an economic hard landing abating and rates expected to stay higher for longer, our co-head of public markets and portfolio manager Mike McEachern discusses how a greater allocation to high yield, underpinned by strong risk management, can potentially boost the return appeal of a multi-asset credit strategy.