Threadneedle Credit Opportunities Fund shows solid performance

Today saw the 1 year fund anniversary of the Threadneedle Credit Opportunities Fund. Since launch, the fund has delivered highly impressive out-performance comfortably beating the index as at 31 March 2010.

The fund's Lead Manager is Barrie Whitman who has more than 20 years of UK, European and US credit markets investing. Working closely with Barrie is high yield fund manager Roman Gaiser and investment grade credit fund manager Alasdair Ross.

Gary Collins, Head of UK Wholesale Distribution at Threadneedle says: "We are delighted with the great performance the team has delivered on the first year of Credit Opportunities Fund.  We are particularly pleased that it hasn't had a draw down month since launch, despite a volatile fixed income market.  Threadneedle has carved a strong reputation in absolute return investing pioneers of the use of fixed income to generate positive returns across all market conditions. We are also one of the largest UCITS III absolute return investors with the team managing in excess of £3 billion."

The Threadneedle Credit Opportunities Fund leverages the company's credit expertise to complement our existing suite of macro-driven absolute return products, aiming for a similar level of performance but creating alpha primarily through the team's bottom-up credit views in a regulated UCITS III vehicle.