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Investment Objective:
The Millennium Global High Yield Fund (MGH) seeks capital appreciation through
investments in a globally diversified portfolio of select high yield, distressed and
special situation corporate debt instruments. It has a universe of 25 countries
across Asia, Europe and the Americas.
Investment Philosophy:
In an environment of global investor risk re-assessment and
corporate balance sheet de-leveraging, many companies, in both developed and emerging
markets, offer attractive investment opportunities in the debt component of their
capital structure. USD denominated bonds of many reputable corporate issuers offer
12-20% multi-year yields.
Investment Process:
The fund manager applies a disciplined equity valuation method to
fixed income instruments for each investment. This combines top-down macroeconomic
analysis, for country risk assessment, with quantitative valuation screening, including
fundamental cash flow analysis, of individual companies.
News: Millennium Global High Yield Fund Ranked 13th in Barron's Top 50 Global Hedge Funds

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Fund presentation

Investment Professionals
» Joseph Strubel
» Joseph Mullin
» Peter Cuckovic
» David Pearson
» Fatmata Kamara
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