Syndicated Loans

Syndicated bank loans, with their floating rate characteristics, may offer attractive returns with downside protection, particularly in an environment where there is concern about rising interest rates. Our syndicated loans strategies are focused on the senior secured part of the capital structure where we believe the risk-reward proposition is the most attractive. Whilst benchmark aware, the strategies are unconstrained, enabling the team to express conviction on credit views.

Our Advantage

  • Experience – dedicated team with significant experience spread between New York and London to best cover issuance and trading in major global jurisdictions
  • Focus on Downside Protection – the senior position and first-lien security of senior secured loans could enhance recovery in a downside scenario
  • Low Default Rate – an emphasis on fundamentally-driven credit selection, combined with active monitoring and trading, could help keep defaults to a minimum

 

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.

Lessee Credit Risk:  Credit risk, changes to interest rates and/or issuer defaults will have a significant impact on the performance. A default, or credit impairment of any of the investments could result in a significant or even total loss of the investment.

“Syndicated loans may offer attractive floating rate returns with downside protection, providing a solution which sits between high yield bonds and private debt”

Torben Ronberg, Head of Syndicated Loans

Photo of Torben Ronberg, Head of Syndicated Loans

Insights

Hot-Air-Baloon-JPG.jpg

Sep 29, 2026

AAA CLOs: High-quality floating rate income for a volatile rate environment

Against a backdrop of interest-rate uncertainty and government bond volatility, AAA CLOs offer investors the potential for attractive floating-rate income, high credit quality and limited interest-rate sensitivity, argues Sam McGairl.

podcast_small.webp

Jul 22, 2026

Beyond Traditional Credit – The Growing Role of AAA CLOs in Investor Portfolios

In our latest podcast, Portfolio Manager Sam McGairl explores why AAA CLOs have attracted growing attention, how their structural characteristics have contributed to their resilience across market cycles, and how evolving investment structures have broadened access to the asset class.

Banks_Small.JPG

Jul 15, 2025

Strategic partnerships: Credit’s new frontier

Partnerships between banks and asset managers are reshaping the corporate lending landscape, as Gianpaolo Pellegrini and Stuart Fuller explain.

Read More Insights