Releases
19 August 2010Assenagon Credit Basis funds pass the 1 billion mark
Within a period of 14 months, Assenagon Asset Management S.A. has already collected EUR 1 billion with its two bond funds Assenagon Credit Basis and Assenagon Credit Basis II. Assenagon Credit Basis, which was launched in April 2009 and closed to new investments in August 2009 to avoid yield dilution, holds EUR 400 million of this amount. Assenagon Credit Basis II was launched in January 2010 and has since recorded a good EUR 600 million in inflows. Like its predecessor, Credit Basis II exploits imbalances on the capital markets, and enables private and institutional investors to profit from these. However, the fund management of Assenagon Credit Basis II has a wider range of investment instruments at its disposal. It can invest in sovereign bonds, corporate bonds, convertible bonds, tradable loans, asset backed securities and structured bonds. According to fund managers Dr. Jochen Felsenheimer and Dr. Wolfgang Klopfer, the current market environment continues to offer interesting investment opportunities. "Market distortions have further increased due to problems at macro- and microeconomic level. Market-neutral basis strategies benefit from such a market environment," noted Felsenheimer.
Press release 19.08.2010 20 April 2010Assenagon exceeds the 3.5 billion assets mark
Press release 20.04.2010 11 February 2010Assenagon Trend Sektor 80 fund receives approval for public distribution in Germany
Press release 11.02.2010 13 January 2010Successful fund kick-off: Assenagon Credit Basis II starts with EUR 120 million The fund exploits structural distortions in credit markets – Investment strategy hedges default risk – Especially suitable for buy & hold investors
Press release 13.01.2010 1 October 2009Ulrich von Altenstadt strengthens Assenagon's Credit team
Press release 01.10.2009 17 August 2009Assenagon Credit Basis: Issuance of shares temporarily suspended for protection of investors
Fund managers continue to consider market opportunities to be very positive – performance fully in accord with profit expectations
Press release 17.08.2009
Assenagon Asset Management S.A.
Munich Branch
Theresienhöhe 13 a
(Entrance Franziska-Bilek-Weg)
D-80339 München
Sabine HilgnerPhone +49 89 519966-430
Fax +49 89 519966-311
sabine.hilgner(at)assenagon.com
If you would like to receive future Assenagon press
- releases automatically, please sign up for our info service.
Logo
Do you need our logo? Please contact Sabine Hilgner, she will be glad to assist with your enquiries.