Key features

A portfolio primarily of euro-denominated high yield bonds

Managed by an experienced team dedicated to corporate credit

ESG1 factors integrated within the investment process

Investment process

Our Euro High Yield Bond Strategy follows a disciplined and repeatable process:

  • Top-down macro allocation
  • Bottom-up issuer analysis
  • Issuer selection 
  • Portfolio construction

Team and resources

Our Global Corporate Credit team, which includes high yield and investment grade credit, is based in Paris, London, and New York. Christophe Auvity, who has more than 29 years of experience, leads the team. 

The team consists of experienced portfolio managers and credit research analysts who are dedicated to credit management across the rating spectrum. They benefit from access to our global trading and risk management platform, Sustainability Centre, Quantitative Research Group, and Macro Research team.

This strategy is managed from the BNP Paribas Asset Management France entity.


[1] ESG = Environmental, Social and Governance. ESG assessments are based on BNP Paribas Asset Management’s proprietary methodology which integrates all three aspects of E, S & G.