By the numbers
8
Credit Strategies
spanning the risk spectrum
25+
Years
investing in credit markets
How to use credit
To diversify
Credit may provide exposure to different performance drivers, including credit quality, capital structures, regions, sectors and durations.
Investors may adjust exposures in response to different market conditions.
To provide income
Asset classes such as high yield and emerging-market debt can offer higher yields, compensating investors for taking greater credit and market risk.
Different maturities and capital structures may also provide additional routes to income.
To support sustainable goals
Corporate issuances of green, social and sustainability bonds offer investors sustainable investment solutions.
Across credit, an active approach can consider factors like issuer, sector, maturity when seeking to manage climate-related risks and opportunities within portfolios.
Global High Yield: Outlook
An in-depth outlook on global high yield markets in 2026, examining how carry, dispersion and issuer selectivity shape opportunities and risks as the credit cycle matures. Find out:
With spreads tight and refinancing risk moving closer into view, the margin for error is narrowing.
Understanding where resilience lies will be key to navigating 2026.
Read our 2026 global high yield outlook
Corporate bonds: are they immune to the current challenges faced by other asset classes?
Wednesday 4th November at 3pm CET
The volatility of geopolitical and fiscal uncertainty are challenging asset allocation assumptions, with corporate bonds at the centre of the debate.
Across markets, key themes are playing out differently depending on the asset class in question: While AI companies have been a source of growth for equities, it has created new challenges for credit investors. Meanwhile, climate-related risk is changing the landscape for both equity and bond investors. But how this risk is analysed and the broader impact ESG has on indices can be notably different across investment universes.
Join our webinar to explore what this means for investors seeking resilient financial and sustainable credit outcomes.
Our experts:
Charudatta Shende & Fabrice Sauzeau[
Assessing risk in credit
What does ‘taming risk’ mean when it comes to credit?
Charudatta Shende, Head of Client Portfolio Management Fixed Income and Fixed Income Strategist, and Marie Thomin, Client Portfolio Manager, discuss how risk can be managed in a credit portfolio.
Why Candriam for credit
Experience
Experience that compounds over time. Candriam’s credit expertise is built on long-standing teams, deep market knowledge and a shared culture of risk awareness, supporting consistent decision-making across market cycles.
Track Record
A track record shaped by risk discipline. Our risk-first approach prioritises downside awareness over headline yield, reflected in an absence of issuer defaults in the strategies we manage and a disciplined, bottom-up investment process.
Innovation
Innovation across a broad credit spectrum. We offer a diversified range of credit strategies, spanning investment grade, high yield and specialist segments, across both long-only and long–short approaches, all guided by the taming risk approach.
Recognised Expertise
Recognised expertise and credibility. Our credit capabilities have received external recognition through industry awards and independent ratings, reinforcing the robustness of our process and the depth of our expertise.[2]
Our Flagship Credit Strategies
- Global High Yield Seeks exposure to the high yield bond market by investing in European and US corporate bonds, excluding Financials, rated above B-.
- Long/Short Credit High conviction that aims to take advantage of market inefficiencies in the global credit universe.
- Sustainable Bonds Euro Corporate Euro investment grade credit strategy with an ESG focus, including the ability to invest in green bonds.
- Bonds Floating Rate Note Euro investment grade short duration (0-3yr) Aiming to offer low duration with limited volatility.
- Bonds Capital Securities Subordinated debt issued by high-quality financial institutions
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Credit: Taming a Wide Universe
Credit markets have evolved. What was once considered a single asset class has become a broad, fragmented and multi-layered ecosystem spanning bonds, derivatives, private markets, currencies and capital structures—from senior secured debt to subordinated and hybrid instruments. -
Sustainable returns: in credit?
Why has the enthusiasm for sustainable investing lost its lustre? A lag in performance of sustainable European equities relative to the broader European equity markets over the last three years hasn’t helped. Sector rotation in equities is often blamed for this downturn in returns. . -
Investing in Late-Cycle Credit
Late-cycle credit markets rarely announce themselves clearly. Spreads remain tight, income is still available, and risky assets may continue to perform. Yet beneath this apparent stability, the balance is shifting: compensation is thinner, risks are more idiosyncratic, and the margin for error is narrowing. -
Unlocking extra income in subordinated financial bonds
Since the end of February, global credit markets have been driven by the escalation of the US-Iran conflict and rising tensions across the Middle East. While geopolitical risks are not new, the intensity and speed of this episode took markets by surprise. -
Sustainable Investment Grade: Resilience with purpose
Since late February, global markets have been shaped by renewed geopolitical tensions in the Middle East, triggering a sharp increase in oil prices and reigniting inflation concerns. -
Navigating the Credit Cycle
If you ask a fixed income investor to describe the credit cycle, most will readily cite its four familiar phases: Repair, Recovery, Expansion and Downturn. Knowing the terminology is straightforward. The more relevant question is: why does it matter for portfolio outcomes? -
Embracing risk in credit: the Candriam approach
Explore Candriam’s disciplined approach to credit investing. Learn how issuer research, ESG integration and risk visibility help navigate volatility and construct resilient fixed income portfolios. -
Unlocking extra income in subordinated financial bonds
In a world where investors are constantly looking for more income opportunities and stability, subordinated bonds issued by banks and insurance companies constitute an interesting alternative.