The European Corporate Fixed Income Strategy is a single sector product that invests primarily in investment grade corporate bonds of European country issuers. The Strategy is managed to outperform the iBoxx Euro Corporate Index (USD Hedged), over a full market cycle. 1,2
Senior Portfolio Manager
Head of the European Investment Grade Corporate Bonds and Senior Portfolio Manager, Global Corporate Strategy
PGIM Fixed Income constructs and manages portfolios in the European Corporate Fixed Income Strategy based on the philosophy that bottom-up industry and issue research and security selection, including relative value trading, generate high information ratios and, when executed successfully, can provide sustainable excess return over a European corporate market benchmark.
PGIM Fixed Income employs a disciplined, three-step investment process to manage European Corporate Portfolios:
1 There is no guarantee that these objectives will be met.
2 On average, over a full market cycle defined as three to five years.
No risk management technique can guarantee the mitigation of elimination of risk in any market environment.
Source: PGIM Fixed Income as of December 31, 2022.