Location
Please select your investor type by clicking on a box:
Terms & conditions
We are unable to market if your country is not listed.
You may only access the public pages of our website.
Key documents
Overview
Predominantly invests in euro denominated fixed income securities issued by investment grade rated corporates domiciled in the eurozone combined with environmental, social and governance (ESG) criteria.1
Sustainability-related disclosure
The Fund’s benchmark (iBoxx Euro Corporates Index) does not implement any of the ESG specific considerations which apply to the Fund and is therefore used for performance comparison only.
Fund specific risks
- At times, the market for investment grade bonds may dry up, which could make it difficult to sell these bonds, or the fund may only be able to sell them at a discount
- There may be cases where an organisation with which we trade assets or derivatives (usually a financial institution such as a bank) may be unable to fulfil its obligations, which could cause losses to the fund
- RBC BlueBay's ESG analysis can rely on input from external providers. Such data may be inaccurate or incomplete or unavailable and RBC BlueBay could assess the ESG risks of securities held incorrectly
- RBC BlueBay could suffer from a failure of its processes, systems and controls – or from such a failure at an organisation on which we rely in order to deliver our services – which could lead to losses for the fund
This is a marketing communication. There are several risks associated with investing in this product. Please refer to the prospectus of the fund and to the KIID available on this website before making any final investment decisions.
1. Certain investment strategies, asset classes, exposure and security types do not integrate ESG factors, including but not limited to money market, buy-and maintain, passive, and certain third-party sub-advised strategies or certain currency or derivative instruments. Different strategies that integrate ESG factors will be at varying stages of implementation. Please read a fund's prospectus or offering memorandum for further details.
ESG investing: our approach
RBC BlueBay believes that ESG factors can potentially have a material impact on an issuer’s long-term financial performance. Given the limited upside (and potentially significant downside) of fixed income investments, the focus of our ESG analysis is on understanding downside risks.
Investment philosophy
One investment team, built around a single investment process
Investment process structured to deliver solutions for clients
Heritage in managing absolute and benchmark relative strategies
Focus on long/short investing with underlying capital preservation mindset
Proprietary technology supports high touch investment process
Proprietary risk management is central to our approach and is essential to delivering successful outcomes
Andrzej Skiba
Head of US Fixed Income, BlueBay Senior Portfolio Manager
Andrzej joined BlueBay Asset Management (which is now part of RBC Global Asset Management) in February 2005 and, following the alignment of BlueBay's US business with RBC GAM-US in November 2021, is responsible for the US fixed income investment team based in Minneapolis (MN) and Stamford (CT). In 2013, Andrzej moved to the US from London to oversee the buildout of global investment grade capability. This followed a period from 2009, where he was a BlueBay portfolio manager responsible for corporate investments within BlueBay's IG strategies. Andrzej spent his first four years at BlueBay as a credit analyst covering the TMT, utilities and retail sectors for the Investment Grade team. Prior to BlueBay, Andrzej worked for Goldman Sachs as a credit analyst covering European investment grade telecom, media and utility sectors. Andrzej holds a BSc (Hons) in Management and International Business Economics from UMIST and is a CFA charterholder.
Marc Stacey
Managing Director & Senior Portfolio Manager, BlueBay Fixed Income, Investment Grade
Marc is a managing director and senior portfolio manager on the BlueBay Fixed Income team, focussing on Investment Grade (IG) non-sovereign debt, specialising in financials. Marc started in his current role in 2011 as a lead portfolio manager. He has been instrumental in driving the success of the European IG credit strategies as well as the peer-leading performance of the Financial Capital Bond Fund. Marc joined the firm in 2004 as an operations analyst before joining the investment grade team in 2006 as a trader. Prior to joining the firm, Marc spent two years at CSFB focussing on credit derivatives. He started his career in the investment industry in 2002.
Tom Moulds
Managing Director, Senior Portfolio Manager, BlueBay Fixed Income, Investment Grade
Tom is a Managing Director and Senior Portfolio Manager on the BlueBay Fixed Income team, with nearly two decades of experience across a broad range of Investment Grade credit strategies. He joined the firm in 2005 and has played a key role in the development and management of some of the firm’s flagship strategies. Over the course of his career, Tom has gained deep and varied experience across both benchmark and absolute return portfolios, and establishing the existing long/short hedge fund strategy in the Investment Grade team. He has been instrumental in shaping the firm’s European credit platform and brings a strong track record of performance and insight to his central role as a key risk taker within the European credit team. Tom is Portfolio Manager of the BlueBay Credit Alpha Long/Short strategy as well as the European Corporate Bond, Absolute Return, and Impact Aligned strategies. His ability to contribute meaningfully across a range of portfolios is underpinned by his deep market experience, strong credit instincts, and his focus on capital preservation across all of the BlueBay Fixed Income Investment Grade strategies.