Aperture Credit Opportunities Fund - Q1 2021 Commentary

In Short

Commentary for Q1 2021 on Aperture Credit Opportunities Fund by Simon Thorp, CIO, UK, and Portfolio Manager and Shikhar Ranjan, Portfolio Manager, at Aperture Investors

Aperture Credit Opportunities: Commentary for Q1 2021

Quarter in Review

The Aperture Credit Opportunities Fund (Ticker: AICOIUC LX, Institutional USD Acc) returned 1.75% (net of frees) for Q1 2021, versus the Fund’s benchmark return of 0.50%, for a total outperformance of 1.25%.1

The recovery in markets from the March 2020 lows through to the end of the year was broad- based and quite remarkable.

Download the full commentary below

Aperture Credit Opportunities Fund - Q1 2021 Commentary
Simon Thorp

Simon Thorp

CIO, UK, and Portfolio Manager

1) Fund benchmark: United States Secured Overnight Financing Rate (SOFR) + 2%

Picture

© Generali Investments, all rights reserved. This website is provided by Generali Investments Luxembourg S.A. (Generali Investments) and is considered as a marketing communication and financial promotion related its products and services. This website may contain information related to the activity of the following companies: Generali Asset Management S.p.A. Società di gestione del risparmio, Infranity, Sycomore Asset Management, Aperture Investors LLC (including Aperture Investors UK Ltd), Plenisfer Investments S.p.A. Società di gestione del risparmio, Lumyna Investments Limited, Sosteneo S.p.A. Società di gestione del risparmio, Generali Real Estate S.p.A. Società di gestione del risparmio, Conning* and among its subsidiaries Global Evolution Asset Management A/S - including Global Evolution USA, LLC and Global Evolution Fund Management Singapore Pte. Ltd - Octagon Credit Investors, LLC, Pearlmark Real Estate, LLC as well as Generali Investments CEE. *Includes Conning, Inc., Conning Asset Management Limited, Conning Asia Pacific Limited, Conning Investment Products, Inc., Goodwin Capital Advisers, Inc. (collectively, “Conning”).