Vontobel launches an actively managed global investment-grade credit fund
29 OCT, 2026
By Joanna Piwko from RankiaPro Europe
Vontobel expands its fixed income range with a high-quality global credit strategy, the Vontobel Fund – Credit Opportunities Investment Grade.
The fund, managed by Kai Hirschlein, the firm’s portfolio manager, brings the Credit Opportunities approach to the investment-grade space. The launch comes from an asset manager that, as of June 30, 2026, managed CHF 240.7 billion in assets.
High-quality credit with capital structure flexibility
The fund invests globally in investment-grade issuers and seeks to capitalize on relative value opportunities in senior and subordinated debt.
Although investments are primarily limited to investment-grade issuers, the strategy may selectively invest in subordinated instruments rated below investment grade. This gives the investment team flexibility across issuers’ capital structures while maintaining its focus on high-quality credit.
A more conservative route to global credit
The new fund builds on Vontobel’s established Credit Opportunities approach and responds to client demand for a solution that combines a focus on investment-grade issuers with the flexibility and active management at the core of the existing strategy.
With this strategy, we are extending an approach that has proven successful into the investment-grade space, offering clients a more conservative way to access global credit markets by capitalizing on relative value opportunities, while maintaining rigorous risk discipline.
Kai Hirschlein, Portfolio Manager, Vontobel
Fund features
The fund charges an annual management fee of 0.50% for the institutional I share class. For other share classes, Vontobel refers investors to the sub-fund’s website.
| Feature | Details |
|---|---|
| Fund | Vontobel Fund – Credit Opportunities Investment Grade |
| Domicile | Luxembourg |
| Currency | USD |
| Manager | Kai Hirschlein |
| Management fee (I share class, institutional) | 0.50% per annum |
| ISIN (I USD share class) | LU3444999265 |
| Launch date | 28/10/2026 |
