Fixed income alternatives

A heritage rooted in alternative investments

The BlueBay Hedge Fund and Illiquid platform provides clients access to emerging trends and dislocation within global markets through vehicles optimised to manage risks and execute on the behalf of our clients.

Our approach is that of an investor, rather than a trader. Fundamental research builds the basis for any of our investment decisions. By leveraging a single investment platform, we can utilize the substantial resources of our long-only business with more than 130 investment professionals investing in state-of the art risk management and trade execution, to deliver outcomes that strive for a Sharpe Ratio above 1.

At the heart of this is our strong culture and its focus on cross-pollination between investment teams, helping us unlock further investor value.

Key to our success

Constant evolution, growing and adapting to changing clients and markets

  • Launched in 2001 to take advantage of the advent of the single currency European Credit market, and growing importance of Emerging Market debt. The platform has expanded into new areas of opportunity such as Distressed and Special Situations, EM illiquid, Global Macro and Securitised.

Maximising the potential of long only and alternative investment techniques through a single investment platform

  • Bringing together the strong infrastructure, process, governance, transparency, and research of the best long-only managers, but with the focus on capital preservation, trading and execution, and the wider toolbox of hedge fund specialists.

Strong culture of challenge and transparency, enabled by proprietary technology

  • Our culture encourages investment debate and intellectual honesty, with proprietary systems that inform transparent and open discussion. Our hedge fund managers utilise the expertise of the wider investment team peers for idea generation and deep research, while sharing expertise on downside protection and risk mitigation.

Integration of trading and execution as part of alpha delivery

  • With a large global investment platform, we become an integral market participant, allowing us to participate in new deal flow across the platform and find best execution for our capacity constrained hedge fund and illiquid strategies.


Today, we are one of the leading European-based alternative credit specialist managers with a comprehensive offering across the sub-asset classes and the corresponding liquidity. Yet we continue to strive to evolve and remain innovators in our industry.

Alternative and hedge fund investing is in our DNA

For over 20 years we have responded to client demand, building a compelling range of long-only investment strategies enhanced by our expertise in derivatives whilst continuing to deliver the highly specialist long-short capabilities of our boutique beginnings.

Get in touch

Find contact names, phone numbers and email addresses for RBC BlueBay's regional sales teams and client directors.