{"id":99988,"date":"2023-07-20T13:54:05","date_gmt":"2023-07-20T13:54:05","guid":{"rendered":"https:\/\/www.quoniam.com\/em-equities-copy\/"},"modified":"2025-07-07T14:01:20","modified_gmt":"2025-07-07T14:01:20","slug":"investment-grade-credit","status":"publish","type":"page","link":"https:\/\/www.quoniam.com\/en\/investment-grade-credit\/","title":{"rendered":"Investment Grade Credit"},"content":{"rendered":"\n<div class=\"wp-block-group is-style-smallBG\"><div class=\"wp-block-group__inner-container is-layout-flow wp-block-group-is-layout-flow\">\n<h3 class=\"wp-block-heading has-text-align-center\">Capture the return potential of corporate bonds<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Quoniam\u2019s systematic investment grade credit strategy offers professional investors a compelling route to excess returns through a balanced, data-driven approach that enhances diversification, lowers drawdowns, and adapts dynamically to market conditions\u2014all within a transparent and risk-aware framework.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Our research shows that both fundamental and quantitative approaches can outperform their benchmarks over time, but that the sources of this outperformance are different. Investors can take advantage of these diversification benefits by adding a multi-factor strategy to their credit allocation. This will lead to more stable overall credit portfolio performance and unlock new sources of outperformance.<\/p>\n<\/div><\/div>\n\n\n\n<div class=\"wp-block-group is-style-smallBG\"><div class=\"wp-block-group__inner-container is-layout-constrained wp-block-group-is-layout-constrained\">\n<h3 class=\"wp-block-heading has-text-align-center\">Tapping into scientifically proven sources of return<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Our investment grade credit strategy combines the factors value, momentum and carry. These factors have proven to be statistically significant indicators of alpha over many years of research and form the basis of our <a href=\"https:\/\/www.quoniam.com\/en\/article\/factor-strategies\/\" target=\"_blank\" rel=\"noreferrer noopener\">forecasts<\/a>. We apply a model-driven, quantitative process that can consistently and objectively calculate factors for the global bond universe.<\/p>\n<\/div><\/div>\n\n\n\n\n\n    <ul class=\"bullet-point-lists bullet_point_lists--appereance-type-boxes qm-element bullet_point_lists--single\" style=\"--color:;\">\n                <li>\n           <div class=\"bullet_point_list_title\" > <\/div>\n            <ul class=\"bullet_point_list bullet_point_list--icon-type-Check\">\n                                    <li class=\"bullet-point\">\n                        <div class=\"bullet-point__icon\">\n                            <img decoding=\"async\" src=\"https:\/\/www.quoniam.com\/wp-content\/themes\/wp_quoniam\/Resources\/Public\/Images\/check.svg\" loading=\"lazy\" alt=\"Bullet Point Icon\"\/>\n                        <\/div>\n                        <div class=\"bullet-point__text\">\n                            <b>Broad, global investment universe<\/b> <\/br>Daily analysis of\u202f28,000 bonds from 5,000 issuers\u202fprovides access to deep market breadth.\n                        <\/div>\n                    <\/li>\n                                    <li class=\"bullet-point\">\n                        <div class=\"bullet-point__icon\">\n                            <img decoding=\"async\" src=\"https:\/\/www.quoniam.com\/wp-content\/themes\/wp_quoniam\/Resources\/Public\/Images\/check.svg\" loading=\"lazy\" alt=\"Bullet Point Icon\"\/>\n                        <\/div>\n                        <div class=\"bullet-point__text\">\n                            <b>Proven multi-factor alpha model<\/b> <\/br>Combining the value, momentum and carry factors smooths performance across cycles and enhances stability.\n                        <\/div>\n                    <\/li>\n                                    <li class=\"bullet-point\">\n                        <div class=\"bullet-point__icon\">\n                            <img decoding=\"async\" src=\"https:\/\/www.quoniam.com\/wp-content\/themes\/wp_quoniam\/Resources\/Public\/Images\/check.svg\" loading=\"lazy\" alt=\"Bullet Point Icon\"\/>\n                        <\/div>\n                        <div class=\"bullet-point__text\">\n                            <b>Robust risk and liquidity management <\/b> <\/br>Multi-layered risk controls to avoid negative surprises. Real-time estimates of transaction costs and bond liquidity allow\u202fcost-efficient portfolio adjustments.\n                        <\/div>\n                    <\/li>\n                            <\/ul>\n        <\/li>\n        <\/ul>\n<!-- \/News Slider -->\n\n\n<div class=\"wp-block-group alignfull is-style-default has-color-grey-light-background-color has-background\"><div class=\"wp-block-group__inner-container is-layout-constrained wp-block-group-is-layout-constrained\">\n<h6 class=\"wp-block-heading has-text-align-center\">thought leadership<\/h6>\n\n\n\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-8f761849 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\"><div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"250\" height=\"250\" src=\"https:\/\/www.quoniam.com\/wp-content\/uploads\/2025\/07\/IG-Credit-01.jpg\" alt=\"\" class=\"wp-image-258620\" srcset=\"https:\/\/www.quoniam.com\/wp-content\/uploads\/2025\/07\/IG-Credit-01.jpg 250w, https:\/\/www.quoniam.com\/wp-content\/uploads\/2025\/07\/IG-Credit-01-150x150.jpg 150w\" sizes=\"auto, (max-width: 250px) 100vw, 250px\" \/><\/figure>\n<\/div>\n\n\n<h3 class=\"wp-block-heading has-text-align-center\">Distinguishing factor <br>strategies<\/h3>\n\n\n\n<p class=\"has-text-align-center wp-block-paragraph\">How corporate bond and equity factor strategies differ<\/p>\n\n\n\n<p style=\"text-align: center;\"><a class=\"textLink\" href=\"https:\/\/www.quoniam.com\/en\/article\/factor-strategies\/\">Learn more<\/a><\/p>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\"><div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"250\" height=\"250\" src=\"https:\/\/www.quoniam.com\/wp-content\/uploads\/2025\/07\/IG-Credit-02.jpg\" alt=\"\" class=\"wp-image-258622\" srcset=\"https:\/\/www.quoniam.com\/wp-content\/uploads\/2025\/07\/IG-Credit-02.jpg 250w, https:\/\/www.quoniam.com\/wp-content\/uploads\/2025\/07\/IG-Credit-02-150x150.jpg 150w\" sizes=\"auto, (max-width: 250px) 100vw, 250px\" \/><\/figure>\n<\/div>\n\n\n<h3 class=\"wp-block-heading has-text-align-center\">Diversifying credit <br>portfolio<\/h3>\n\n\n\n<p class=\"has-text-align-center wp-block-paragraph\">How investors can profit from investing in fixed income factor strategies<\/p>\n\n\n\n<p style=\"text-align: center;\"><a class=\"textLink\" href=\"https:\/\/www.quoniam.com\/en\/article\/diversifying-credit-portfolios\/\">Learn more<\/a><\/p>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\"><div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"250\" height=\"250\" src=\"https:\/\/www.quoniam.com\/wp-content\/uploads\/2025\/07\/IG-Credit-03.jpg\" alt=\"\" class=\"wp-image-258624\" srcset=\"https:\/\/www.quoniam.com\/wp-content\/uploads\/2025\/07\/IG-Credit-03.jpg 250w, https:\/\/www.quoniam.com\/wp-content\/uploads\/2025\/07\/IG-Credit-03-150x150.jpg 150w\" sizes=\"auto, (max-width: 250px) 100vw, 250px\" \/><\/figure>\n<\/div>\n\n\n<h3 class=\"wp-block-heading has-text-align-center\">Incorporating pre-trade <br>bond liquidity<\/h3>\n\n\n\n<p class=\"has-text-align-center wp-block-paragraph\">How to increase precision of estimates of tradability and transaction costs for better performance<\/p>\n\n\n\n<p style=\"text-align: center;\"><a class=\"textLink\" href=\"https:\/\/www.quoniam.com\/en\/article\/incorporating-pre-trade-bond-liquidity-data\/\">Learn more<\/a><\/p>\n<\/div>\n<\/div>\n<\/div><\/div>\n\n\n\n<div class=\"wp-block-group alignfull\"><div class=\"wp-block-group__inner-container is-layout-flow wp-block-group-is-layout-flow\">\n<h3 class=\"wp-block-heading has-text-align-center\">Your advantage: Diversified multi-factor strategy with return potential<\/h3>\n\n\n\n\n\n    <ul class=\"bullet-point-lists bullet_point_lists--appereance-type-boxes qm-element bullet_point_lists--single\" style=\"--color:;\">\n                <li>\n           <div class=\"bullet_point_list_title\" > <\/div>\n            <ul class=\"bullet_point_list bullet_point_list--icon-type-Check\">\n                                    <li class=\"bullet-point\">\n                        <div class=\"bullet-point__icon\">\n                            <img decoding=\"async\" src=\"https:\/\/www.quoniam.com\/wp-content\/themes\/wp_quoniam\/Resources\/Public\/Images\/check.svg\" loading=\"lazy\" alt=\"Bullet Point Icon\"\/>\n                        <\/div>\n                        <div class=\"bullet-point__text\">\n                            A systematic selection process based on factors opens a wider investment universe and greater return potential.\n                        <\/div>\n                    <\/li>\n                                    <li class=\"bullet-point\">\n                        <div class=\"bullet-point__icon\">\n                            <img decoding=\"async\" src=\"https:\/\/www.quoniam.com\/wp-content\/themes\/wp_quoniam\/Resources\/Public\/Images\/check.svg\" loading=\"lazy\" alt=\"Bullet Point Icon\"\/>\n                        <\/div>\n                        <div class=\"bullet-point__text\">\n                            Factor investing relies on a large number of small, active positions leading to a high degree of diversification and low tracking error.\n                        <\/div>\n                    <\/li>\n                                    <li class=\"bullet-point\">\n                        <div class=\"bullet-point__icon\">\n                            <img decoding=\"async\" src=\"https:\/\/www.quoniam.com\/wp-content\/themes\/wp_quoniam\/Resources\/Public\/Images\/check.svg\" loading=\"lazy\" alt=\"Bullet Point Icon\"\/>\n                        <\/div>\n                        <div class=\"bullet-point__text\">\n                            Investing in a multi-factor strategy can lead to a more stable overall credit portfolio performance and capture new sources of outperformance.\n                        <\/div>\n                    <\/li>\n                            <\/ul>\n        <\/li>\n        <\/ul>\n<!-- \/News Slider --><\/div><\/div>\n\n\n\n<div class=\"wp-block-group\"><div class=\"wp-block-group__inner-container is-layout-constrained wp-block-group-is-layout-constrained\">\n<h6 class=\"wp-block-heading has-text-align-center\">insights<\/h6>\n\n\n\n\n\n        <div class=\"newsSliderWrapper qm-element\" style=\"--color:;\">\n            <div class=\"newsSlider\">\n                                    \n                    <div class=\"slide\">\n                    \n                        <div class=\"newsTeaserWrapper cell\">\n                                                            <a href=\"https:\/\/www.quoniam.com\/en\/article\/credit-factor-models-macro-world\/\" title=\"Credit factor models in a new macro world\">\n                                    <div class=\"newsTeaser\">\n                                        <div class=\"image\">\n                                            <img decoding=\"async\" src=\"https:\/\/www.quoniam.com\/wp-content\/uploads\/2025\/03\/2025-04_CFactor-Header-448x220-c-default.jpg\" loading=\"lazy\"\/>\n                                        <\/div>\n                                        <div class=\"info\">\n                                            <div class=\"preHeader\">\n                                                <div class=\"cat\">\n                                                    Article\n                                                <\/div>\n                                                <div class=\"date\">\n                                                    March 2025\n                                                <\/div>\n                                            <\/div>\n                                            <div class=\"headline\">Credit factor models in a new macro world<\/div>\n                                            <div class=\"introText\">\n                                                                                                    <p>How does a credit model work in the current environment characterised by structural breaks? Using two examples, Dr Harald Henke, Head of Fixed Income, explains how systematic credit factors can quickly adapt to a changing macroeconomic environment and initiate a rebalancing of a credit portfolio.<\/p>\n\n                                                                                            <\/div>\n                                        <\/div>\n                                    <\/div>\n                                <\/a>\n                                                    <\/div>\n                    <\/div>\n                                    \n                    <div class=\"slide\">\n                    \n                        <div class=\"newsTeaserWrapper cell\">\n                                                            <a href=\"https:\/\/www.quoniam.com\/en\/article\/credit-factor-performance-2024\/\" title=\"Credit factor performance 2024: Carry investors thrive as momentum and value trail\">\n                                    <div class=\"newsTeaser\">\n                                        <div class=\"image\">\n                                            <img decoding=\"async\" src=\"https:\/\/www.quoniam.com\/wp-content\/uploads\/2025\/03\/2025-03_FR-Header-448x220-c-default.jpg\" loading=\"lazy\"\/>\n                                        <\/div>\n                                        <div class=\"info\">\n                                            <div class=\"preHeader\">\n                                                <div class=\"cat\">\n                                                    Article\n                                                <\/div>\n                                                <div class=\"date\">\n                                                    March 2025\n                                                <\/div>\n                                            <\/div>\n                                            <div class=\"headline\">Credit factor performance 2024: Carry investors thrive as momentum and value trail<\/div>\n                                            <div class=\"introText\">\n                                                                                                    <p>2024 was a good year for credit. Spreads fell and carry investors outperformed strongly. Momentum and value bonds, on the other hand, underperformed by historical standards. This trend is likely to reverse in 2025 as spreads are tight, explains Dr Harald Henke.<\/p>\n\n                                                                                            <\/div>\n                                        <\/div>\n                                    <\/div>\n                                <\/a>\n                                                    <\/div>\n                    <\/div>\n                                    \n                    <div class=\"slide\">\n                    \n                        <div class=\"newsTeaserWrapper cell\">\n                                                            <a href=\"https:\/\/www.quoniam.com\/en\/article\/changes-trump\/\" title=\"Market commentary bonds: Will everything change under Donald Trump?\">\n                                    <div class=\"newsTeaser\">\n                                        <div class=\"image\">\n                                            <img decoding=\"async\" src=\"https:\/\/www.quoniam.com\/wp-content\/uploads\/2025\/01\/2024-12_Review-Q4_FI-448x220-c-default.jpg\" loading=\"lazy\"\/>\n                                        <\/div>\n                                        <div class=\"info\">\n                                            <div class=\"preHeader\">\n                                                <div class=\"cat\">\n                                                    Article\n                                                <\/div>\n                                                <div class=\"date\">\n                                                    January 2025\n                                                <\/div>\n                                            <\/div>\n                                            <div class=\"headline\">Market commentary bonds: Will everything change under Donald Trump?<\/div>\n                                            <div class=\"introText\">\n                                                                                                    <p>The election result in November 2024 with Donald Trump&#8217;s victory marked a turning point on the markets. US risk assets outperformed Europe, where concerns about more protectionist policies drove interest rates down. Dr Harald Henke looks at the opportunities and risks of the new administration and the impact on the fixed income markets.<\/p>\n\n                                                                                            <\/div>\n                                        <\/div>\n                                    <\/div>\n                                <\/a>\n                                                    <\/div>\n                    <\/div>\n                            <\/div>\n        <\/div>\n<!-- \/News Slider --><\/div><\/div>\n\n\n\n<div class=\"wp-block-group alignfull has-color-grey-light-background-color has-background\"><div class=\"wp-block-group__inner-container is-layout-constrained wp-block-group-is-layout-constrained\">\n\n         <div class=\"qm-contact qm-element\" style=\"--color:;\">\n        <div class=\"qm-contact-grid\">\n            <div class=\"qm-contact-grid-item\" style=\"display: flex; align-items: center;\">\n                                    <img decoding=\"async\" class=\"img\" src=\"https:\/\/www.quoniam.com\/wp-content\/uploads\/2026\/07\/D-W_zitat_Siwicki.jpg\" alt=\"Marek Siwicki\" loading=\"lazy\"\/>\n                            \n            <\/div>\n            <div class=\"qm-contact-grid-item\">\n                <div class=\"qm-contact-content\">\n                    <p>\n                                            <strong><span class=\"red-font-color\">Get in touch with Quoniam,\u00a0<\/span><\/strong>and let\u2019s discuss your investment goals and how to achieve them.\u00a0Contact us for an analysis of the best strategy for you.\n                                        <\/p>\n                    <div class=\"qm-contact-info\">\n                                                    <strong>Marek Siwicki<\/strong>\n                                                                            <div><div>\n<div>Head of Client Relations International<\/div>\n<div>\n<div><\/div>\n<div>\n<div>T +44 (0) 203 2162 421<\/div>\n<div><span lang=\"DE\"><u><a tabindex=\"-1\" title=\"mailto:info@quoniam.com\" href=\"mailto:info@quoniam.com\" target=\"_blank\" rel=\"noreferrer noopener\">info@quoniam.com<\/a><\/u><\/span><\/div>\n<\/div>\n<p>&nbsp;<\/p>\n<\/div>\n<\/div>\n<\/div>\n                                                <div class=\"socialIcons\">\n                                                                                        <a href=\"https:\/\/uk.linkedin.com\/in\/marek-siwicki-22b85317\" target=\"_blank\" title=\"LinkedIn\">\n                                    <div class=\"vs-icon-linkedin\"><\/div>        \n                                <\/a>\n                                                       \n                        <\/div>\n                        \n                    <\/div>\n                <\/div>\n            <\/div>\n        <\/div>\n    <\/div>\n    <\/div><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Capture the return potential of corporate bonds Quoniam\u2019s systematic investment grade credit strategy offers professional investors a compelling route to excess returns through a balanced, data-driven approach that enhances diversification, lowers drawdowns, and adapts dynamically to market conditions\u2014all within a transparent and risk-aware framework. Our research shows that both fundamental and quantitative approaches can outperform [&hellip;]<\/p>\n","protected":false},"author":20,"featured_media":251212,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"_seopress_robots_primary_cat":"","_seopress_titles_title":"Investment Grade Credit - Capture the return potential with a systematic approach","_seopress_titles_desc":"Diversify investment styles and tap new sources of return while minimising drawdowns through a systematic multi-factor approach.","_seopress_robots_index":"","footnotes":""},"class_list":["post-99988","page","type-page","status-publish","has-post-thumbnail"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.quoniam.com\/en\/wp-json\/wp\/v2\/pages\/99988","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.quoniam.com\/en\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.quoniam.com\/en\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.quoniam.com\/en\/wp-json\/wp\/v2\/users\/20"}],"replies":[{"embeddable":true,"href":"https:\/\/www.quoniam.com\/en\/wp-json\/wp\/v2\/comments?post=99988"}],"version-history":[{"count":130,"href":"https:\/\/www.quoniam.com\/en\/wp-json\/wp\/v2\/pages\/99988\/revisions"}],"predecessor-version":[{"id":259487,"href":"https:\/\/www.quoniam.com\/en\/wp-json\/wp\/v2\/pages\/99988\/revisions\/259487"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.quoniam.com\/en\/wp-json\/wp\/v2\/media\/251212"}],"wp:attachment":[{"href":"https:\/\/www.quoniam.com\/en\/wp-json\/wp\/v2\/media?parent=99988"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}