How active investors can benefit from inefficient markets


Income Contingent Student Loans exemplify how our credit investment philosophy and process work. Many fund managers can’t or choose not to invest in such bonds – just one reason why we believe ICSL offer attractive risk-adjusted returns. Credit market inefficiencies in action…

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Past performance is no guide to the future. The value of investments and the income from them is not guaranteed and may go down as well as up and investors may not get back the amount originally invested. The views expressed are the author’s own and do not constitute investment advice.


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