Launches & Closures

BlueBay rolls out EM corporate credit fund


BlueBay Asset Management, the $36 billion global fixed-income and credit alternative asset manager that is owned by Royal Bank of Canada, has further expanded its emerging markets hedge fund range with the launch of a corporate credit fund to exploit opportunities in the relatively new and rapidly growing international and local markets for EM corporate debt.

The BlueBay Emerging Market Corporate Alpha Fund, which went live in November, is a roll-out of a strategy that has been successfully traded within the BlueBay Multi-Strategy hedge fund for over four years.

Since April 2007 the strategy – managed by senior