Muzinich sets up short duration fund
Muzinich & Co, the investment company focused on public and private credit, has launched a new fund for global short duration investment grade corporate bonds.
The €352m fund has a target duration to worst of 1.5 years, and will have an average credit rating of at least BBB.“We’ve already been investing in short duration investment grade bonds here,” said Ian Horn, a co-portfolio manager of the fund. “However, this has predominantly been as ...
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