Axiom launches long/short HY fund at ‘beginning of the end of the cycle’

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By Owen Sanderson
09 Jul 2020

Axiom Alternative Investments has launched a new long/short global high yield fund, following the hire of Gilles Frisch as a portfolio manager last year, targeting the opportunities that will come through at the end of this credit cycle.

Coronavirus-related lockdowns caused a huge sell-off in high yield and leveraged credit in March, but the rally since then has retraced much of the ground.

For a long/short fund though, the opportunities are still to come, as companies in challenged sectors may face more months or years of ...

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