Register to get unlimited access to Citywire’s fund manager database. Registration is free and only takes a minute.

BSF European Credit Strategies H2RF GBP

Ranked 39 out of 39 in - Bond Strategies over 12 months
All calculations are in GBP unless stated

Managed by

Michael Phelps

Based in London, Michael Phelps is a portfolio manager at BlackRock where he manages the BSF European Credit Strategies, BlackRock Global Long/Short Credit, BlackRock Global High Yield Bond and BSF European Constrained Credit Strategies dealing in European and global bonds, using alternative and long-only strategies. Michael graduated from the University of Cambridge with a degree in Economics.


The Fund seeks to achieve a positive absolute return for investors regardless of market movements. The Fund will seek to achieve this investment objective by taking long, synthetic long and synthetic short investment exposures. The Fund will seek to gain at least 70% of its investment exposure through fixed income transferable securities and fixed income related securities (including derivatives) issued by, or giving exposure to, companies, governments and agencies and denominated in European currencies or of issuers domiciled in, or exercising the predominant part of their economic activity in Europe.

Showing fund performance in United Kingdom View performance globally


Bond Strategies over : 31/08/2015 - 31/08/2016
  • Rank 39/39 Total Return
  • Rank 33/39 Standard Deviation
  • Rank 39/39 Max Drawdown
Fund Name Currency Return
35 BlueBay Structured Fd Credit Oppty L GBP (Perf)

Currency exposure is hedged

Currency exposure is hedged



36 Threadneedle (Lux)-Global Opportunities Bond AGH

Currency exposure is hedged

Currency exposure is hedged



37 Insight - Absolute Insight Credit B1p Sterling GBP


38 Threadneedle Absolute Return Bond Ret Gross Acc GBP


39 BSF European Credit Strategies H2RF GBP GBP


Fund Name Currency Risk
31 Lazard Em Mkts Total Rtn Dbt GBP Hdge Inst Acc

Currency exposure is hedged

Currency exposure is hedged



32 PIMCO Credit Absolute Return Inst GBP Hdg Acc

Currency exposure is hedged

Currency exposure is hedged



33 BSF European Credit Strategies H2RF GBP GBP


34 MLIS Beach Point Div Credit UCITS GBP B Acc

Currency exposure is hedged

Currency exposure is hedged



35 Neuberger Berman Global Bd Abs Ret GBP I2 Acc GBP


Total Return

Quarterly Performance

to 30/06/2016 Annual Q1 Q2 Q3 Q4
2016 -6.1% 0.4%
2015 -3.2% 2.7% -0.3% -3.2% -2.2%
2014 1.6% 1.6% 1.9% -1.8% -0.2%
2013 5.6% 1.3% 0.4% 1.4% 2.4%
2012 7.3% 1.8% 0.9% 2.2% 2.2%
2011 1.4% -1.5% 0.8%

Month by Month Performance

Returns Vs Risk

Registered For Sale In

  1. Austria
  2. France
  3. Germany
  4. Luxembourg
  5. Netherlands
  6. Singapore
  7. Switzerland
  8. United Kingdom

Fund Info

  • Launch date16/02/2011
  • Share Class size05Mn
  • Base currencyGBP
  • ISIN LU0592448178

Purchase Info

  • Min. initial investment31,108
  • Min. regular additional investment0


  • Annual management1.50%
  • Initial investment5

Related News

BlackRock hard-closes another star European fund

BlackRock has closed its European Opportunities Extension fund to new money, having taken similar action with several other European mandates over the past year.

BlackRock to hard-close AAA-rated star’s £1.2 billion fund

BlackRock has revealed its plans to close Michael Phelps highly performing European credit fund to new money.

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