Register free for our breaking news email alerts with analysis and cutting edge commentary from our award winning team. Registration only takes a minute.

Morgan Stanley Global High Yield Bond AHX EUR

Ranked 17 out of 49 in - Global High Yield over 12 months
All calculations are in EUR unless stated

Managed by

Jack Cimarosa

Leon Grenyer

Leon Grenyer was born in London, and studied geography at the University of Bristol. He started his career in 1995 as a credit analyst and investment analyst at Abbey National Treasury Services. In 2003 he joined Morgan Stanley where he is currently a portfolio manager, running a number of funds using a combined top-down macroeconomic assessment to determine optimal beta positioning for the portfolio with rigorous bottom-up fundamental analysis. Leon has been managing funds for over seven years and holds the ACT qualification (Association of Corporate Treasurers). Outside of fund management he enjoys tennis, rugby, bridge and walking.

Richard J. Lindquist

Richard Lindquist is head of the High Yield Fixed Income team at Morgan Stanley Investment Management. He joined the firm in 2011 with over 33 years of investment experience. Prior to this, Richard was a managing director and co-head of US High Yield at Guggenheim Partners responsible for portfolio management, asset gathering, client services and overseeing all high yield trading. He graduated from Boston College with a BS in Finance, an MBA from the University of Chicago and is a CFA Charterholder.

Objective

The investment objective is to provide an attractive rate of return, measured in US Dollars, through investments worldwide primarily in Fixed Income Securities issued by corporations that are rated lower than BBB- by S&P or Baa3 by Moody's or similarly by another internationally recognised rating service or determined to be of similar creditworthiness by the Investment Adviser. These investments may include Fixed Income Securities issued in emerging markets.

Showing fund performance in Ireland View performance globally

Performance

Global High Yield over : 30/09/2017 - 30/09/2018
  • Rank 17/49 Total Return
  • Rank 37/49 Standard Deviation
  • Rank 35/49 Max Drawdown
Fund Name Currency Return
15 Kames High Yield Global Bond A Inc EUR Hedged

Currency exposure is hedged

Currency exposure is hedged

EUR

-0.3%

15 Barings Global Senior Secured Bond B EUR Acc

Currency exposure is hedged

Currency exposure is hedged

EUR

-0.3%

17 Morgan Stanley Global High Yield Bond AHX EUR

Currency exposure is hedged

Currency exposure is hedged

EUR

-0.3%

18 PIMCO GIS Global High Yield Bond Inst EUR Hdg Inc

Currency exposure is hedged

Currency exposure is hedged

EUR

-0.4%

19 Kames Short Dated High Yield Glbl Bd B Acc EUR Hgd

Currency exposure is hedged

Currency exposure is hedged

EUR

-0.5%

Fund Name Currency Risk
35 Invesco Global High Income A Acc EUR Hdg

Currency exposure is hedged

Currency exposure is hedged

EUR

2.6

36 Legg Mason Brandywine Global Def HY S EUR Dis Hdg

Currency exposure is hedged

Currency exposure is hedged

EUR

2.6

37 Morgan Stanley Global High Yield Bond AHX EUR

Currency exposure is hedged

Currency exposure is hedged

EUR

2.7

37 Neuberger Berman Global HY Bond EUR Z (PF) Acc Hdg

Currency exposure is hedged

Currency exposure is hedged

EUR

2.7

39 JB FI Global High Yield-EUR Bh

Currency exposure is hedged

Currency exposure is hedged

EUR

2.7

Fund Name Currency Loss
33 PARVEST Bond World High Yield Classic Cap EUR EUR

-3.3%

33 Rogge Selective Global High Yield Bond EUR Hedge

Currency exposure is hedged

Currency exposure is hedged

EUR

-3.3%

35 Morgan Stanley Global High Yield Bond AHX EUR

Currency exposure is hedged

Currency exposure is hedged

EUR

-3.5%

36 T Rowe Global High Yield Bond AH EUR

Currency exposure is hedged

Currency exposure is hedged

EUR

-3.5%

37 Templeton Global High Yield I (acc) EUR EUR

-3.8%

Total Return

Quarterly Performance

to 30/09/2018 Annual Q1 Q2 Q3 Q4
2018 -0.7% -1.6% 1.0%
2017 7.0% 1.7% 2.2% 1.9% 1.0%
2016 10.5% 1.7% 2.0% 5.3% 1.1%
2015 -4.0% 0.6% 2.6% -4.0% -3.1%
2014 -2.8% 2.9% 3.0% -3.6% -4.8%
2013 12.9% 3.6% -0.6% 5.1% 4.4%
2012 19.2% 7.2% 0.5% 5.8% 4.6%

Month by Month Performance

Returns Vs Risk

Registered For Sale In

  1. Chile
  2. Finland
  3. France
  4. Germany
  5. Greece
  6. Ireland
  7. Italy
  8. Luxembourg
  9. Netherlands
  10. Norway
  11. Singapore
  12. Spain
  13. Sweden
  14. Switzerland
  15. United Kingdom

Fund Info

  • Launch date18/11/2011
  • Share Class size25Mn
  • Base currencyEUR
  • ISIN LU0702163535
  • Currency exposure is hedged

Purchase Info

  • Min. initial investment0
  • Min. regular additional investment0

Charges

  • Annual management1.00%
  • Initial investment1.00%

Related News

The two sectors to watch out for in HY

Morgan Stanley IM’s head of high yield fixed income says it’s difficult to point to an individual sector as being undervalued.

Keeping it real: Storebrand's selection head reveals his top picks

Senior investment manager Georg Skare Lund believes he can gain an edge by homing in on fund managers who eat, sleep and breathe investment.

HY bond stars: how to capture the ECB easing euphoria

Morgan Stanley’s Richard Lindquist and Leon Grenyer expect issuance to reduce but technicals will remain robust.

Performance is for the period shown (month end to month end, bid/bid, gross income reinvested, calculated in the currency and currencies indicated).