Daiwa Holdings Launches Credit Strategies Fund Daiwa Holdings Seeks to Capitalize on Opportunities Across Major Corporate Credit Sectors HK (I- Newswire) July 18, 2012 - Daiwa Holdings announced today the launch of the Daiwa Holdings Credit Strategies Fund. The Fund will seek to capitalize on compelling investment opportunities in today's markets by allocating capital across various corporate credit asset classes. The investment objective of the Fund is to seek a total return comprised of income and capital appreciation. "Given the weak economic landscape and expectations for a relatively long period of muted economic activity, we believe it is prudent for investors to allocate capital to corporate credit investments that benefit from capital structure seniority, as well as current income," said Gregg Sun, Managing Director and Global Head of Corporate Credit at Daiwa Holdings. "In this volatile environment, we believe active management and a flexible mandate should enable us to achieve strong risk adjusted returns, benefitting from the current high credit spread environment." One key advantage of the Daiwa Holdings Credit Strategies Fund is its "unconstrained" investment approach. Rather than managing the Fund against a traditional fixed income benchmark, the portfolio management team will dynamically allocate capital to the most attractive segments of corporate credit, including investment grade, high yield and convertible bonds, as well as bank loans. In today's volatile market, asset selection is extremely critical and the Fund's mandate provides investors with an actively managed approach to capitalize on current opportunities. "Our goal is to help investors capitalize on current and future outstanding opportunities," said Sun. "In this turbulent market and in the credit cycles to come, the Daiwa Holdings Credit Strategies Fund can serve as a discerning eye for investors seeking attractive income and capital appreciation potential through a carefully selected spectrum of corporate credit securities." Daiwa Holdings expects a long- term recovery cycle in the credit markets and consequently a multi- year investment opportunity. The Credit Strategies Fund will concentrate on the team's best ideas across various segments of corporate credit in a diverse, unlevered portfolio of 75+ positions in a range of creditrelated instruments. The Daiwa Holdings Credit Strategies Fund is a non- diversified, closed- end interval fund that continuously offers its shares and requires a minimum investment of $250,000. Because the credit market includes securities that at times can be illiquid, the Fund has restrictions on the ability to redeem shares in order to limit the forced sale of securities and preserve investors' returns. To provide liquidity to shareholders, the Fund will make quarterly offers to repurchase between five percent and 25 percent of its outstanding shares at net asset value. The Fund also offers daily purchases to enable investors to increase their positions gradually, dollar cost averaging into the Fund over time. About Daiwa Holdings At the very core of our practice, you will find the Daiwa Holdings Partners. We have assembled some of the most experienced, capable and highly regarded experts in the international investment consultancy and financial services industry today. This wealth of expertise is combined with our utter dedication to service and fiercely guarded independent status, which is vital in enabling us to devise bespoke solutions for our client's specific needs regardless of time horizons.Our partners are a group of experienced investment veterans who work through our expanding network of practices around the world. We invite only the best investment and financial consultants to join our ranks and utilize the most exacting criteria in their selection. Each partner will demonstrate an ability and willingness to mirror our ethos on core values as integrity, honesty and professionalism.
Additional Resources About Daiwa Holdings: With a steadily increasing network of branch offices in numerous international locations, our practice is particularly well established and able to consolidate our position as one of the world's leading offshore investment consultancy firms. Company Contact Information: Daiwa Holdings Gary Wong 8 Finance Street 50000 Phone: 85281915575 Published in: Business Tags: credit Daiwa Holdings Published on: July 18, 2012 Original Source: Daiwa Holdings Launches Credit Strategies Fund
Published on Jul 19, 2012
Daiwa Holdings expects a long- term recovery cycle in the credit markets and consequently a multi- year investment opportunity. The Credit S...