BlueBay reports big flows into investment grade credit funds

Listed credit manager BlueBay Asset Management today reported a big inflow of capital into its investment grade credit funds. The firm said it saw net subscriptions across its various funds of $3.1 billion in the quarter ending 31 December, with $2.8 billion moving into investment grade credit. This was partly offset by a $300 million net outflow from high yield funds.

The manager says it launched four new funds during the period. The BlueBay Global Diversified Corporate Bond Fund, the BlueBay High Yield Corporate Bond Fund; the BlueBay Macro Fund and the BlueBay European Distressed Opportunities Fund.