Fixed Income
Resilient income.
Disciplined risk.
Active management across sovereign, investment grade and high yield credit, designed to deliver consistent income and capital preservation through every cycle.
Active management across sovereign, investment grade and high yield credit, designed to deliver consistent income and capital preservation through every cycle.
We do not chase yield. We compound it — patiently, and with respect for downside.
Our fixed income team has navigated twelve years of rate cycles, credit dislocations and central bank pivots. Today, we manage flagship strategies across global sovereign debt, investment grade and high yield credit — each one anchored by the same fundamental research engine.
We avoid benchmark-hugging. Active risk is taken intentionally, sized to conviction, and reviewed daily. The result is a portfolio that earns its yield rather than borrowing it from the index.
Four pillars define every fixed income mandate at HPC Suisse.
Rates, inflation and policy form the framework. We size duration and curve exposure to where conviction lies.
Issuer-by-issuer fundamental research. We own credit because we understand the balance sheet — not because the index says we should.
Active risk is allocated, not accidental. Every basis point of tracking error has an owner and a thesis.
Position sizing reflects how the bond trades, not just where it is rated. Liquidity is a feature, not an afterthought.
Material ESG factors enter credit analysis as a matter of fiduciary discipline — not a separate overlay.
Every position is reviewed by a senior partner. There is no junior committee waving things through.
Long-only credit, managed actively, measured against benchmarks that matter.
A repeatable process that has guided this team for twelve years.