A safe haven in fixed income with high quality securitised credit

Apr 09, 2026

Our securitised credit team highlights why a high grade short duration strategy can be compelling in the current environment.

Key takeaways:

  • In our view, short-dated (1-2 year) floating rate high grade asset-backed securities (ABS) can be a compelling “safe haven” in a world where traditional safe haven assets, such as gold, duration and credit, are proving less reliable.
  • High grade short duration ABS offer strong fundamentals driven by robust structural protections that result in low sensitivity to underlying collateral deterioration. The inherently short spread duration and floating rate nature result in low volatility, which is particularly attractive in a higher-for-longer rate regime.
  • High grade short duration ABS have a historically robust performance track record through multiple cycles and in the current market environment provide an appealing solution for investors looking for high quality carry without taking on excessive duration or credit risk whilst maintaining liquidity.

Strong performance versus peers over time
Past performance is not indicative of future results

Strong performance versus peers over time chart

Source: RBC GAM, Bloomberg, as at 30 March 2026. The fund returns shown above are EUR, gross of fees and annualised since inception. Past performance is not indicative of future results. BlueBay custom peer group includes peers deemed to apply a similar investment strategy. Please refer to the disclaimer for important information on past gross performance.


Read more about our Securitised Credit capabilities and investing in alternatives at RBC BlueBay:

Securitised Credit | RBC BlueBay Asset Management

Alternatives | RBC BlueBay Asset Management