Hailing from London, Adam Cordery has been managing a fixed income fund at Santander AM since February 2014. Prior to this, he worked at Schroders for 10 years. He kicked off his fund manager career at UBK Asset Management in 1996 and in 2000 joined Invesco Asset Management. At Invesco he was promoted to head of European High Yield and managed from launch the Invesco Extra Income Fund, Global and European High Yield products. Adam's first work experiences were as an economist; in 1989 he worked at the Civil Aviation Authority and in 1991 went on to become a senior economist at the Economist Intelligence Unit. He gained a BA in Economics from Cambridge University. Adam lists family, the theatre and reading among his interests outside of fund management.
This Sub-Fund will invest mainly in a diversified portfolio of euro corporate bonds, including both investment grade and non-investment grade securities. The assets invested in below investment grade securities (investments rated below BBB- by Standard & Poors or Baa3 by Moodys and the equivalent by other rating agencies at the time of the investment) may not exceed 25% of the net asset value of the sub-fund.