Register to get unlimited access to all of Citywire’s Fund Manager database. Registration is free and only takes a minute.
Please see terms and conditions for restrictions on use of Citywire's Fund Manager database.

This Fund Manager Rating is based on the Citywire Long Only ratings methodology

Citywire Ratings are rewarded for risk adjusted outperformance of benchmarks we select independently More information on how Ratings are calculated

Fraser Lundie

Fraser Lundie

About Fraser Lundie

Fraser Lundie is the co-Head of Credit at Hermes Investment Management where he has worked since 2009. Prior to joining Hermes, Lundie worked at Fortis Investments for five years, where he was a portfolio manager. Born in Glasgow but now based in London, Lundie runs the Hermes Global High Yield Bond Fund and he has not changed his investment strategy since he first started running the fund. Lundie is a Chartered Financial Analyst, as well as being a member of the AIMR.

Invests in own strategies

Runs institutional money

Are you Fraser Lundie?

Citywire Rating: A rated

2012

  • DNot rated in Dec 2012

2013

  • JNot rated in Jan 2013
  • FRated A in Feb 2013
  • MNot rated in Mar 2013
  • ANot rated in Apr 2013
  • MNot rated in May 2013
  • JNot rated in Jun 2013
  • JNot rated in Jul 2013
  • ANot rated in Aug 2013
  • SRated A in Sep 2013
  • ORated A in Oct 2013
  • NRated A in Nov 2013
  • DRated A in Dec 2013

2014

  • JRated Plus in Jan 2014
  • FRated Plus in Feb 2014
  • MRated A in Mar 2014
  • ARated A in Apr 2014
  • MRated A in May 2014
  • JRated A in Jun 2014
  • JRated A in Jul 2014
  • ARated A in Aug 2014
  • SRated A in Sep 2014

Performance

over : 31/08/2011 - 31/08/2014

Total Return

Month by Month Performance

Quarterly Performance

to 31/08/2014 Annual Q1 Q2 Q3 Q4
2014 1.9% 3.2% 0.5% -1.9%
2013 12.4% 7.1% 1.3% 0.6% 3.0%
2012 15.0% 7.0% -2.4% 3.6% 6.3%
2011 -1.9% 7.2% 3.3% -14.3% 3.5%
2010 15.2% -2.2% 14.1% 3.3%

Related News

Are CoCos now a no-no?

Should investors follow the FCA's lead and avoid CoCo bonds?

Hermes launches multi strategy credit fund for A-rated Lundie

The firm said the fund would target an annualised return of 7% by combining high conviction long-only investments with a range of defensive market neutral trades.

‘Vested interests’ are deluding high-yield investors, Hermes warns

Citywire A-rated Fraser Lundie, co-head of credit at Hermes Fund Managers, has argued that traditional approaches to high-yield bonds are outmoded and risk inflicting losses.

High yield liquidity crunch: welcome to stage two

The recent downward rerating in corporate bonds has restored value to the market, but the sector remains at risk of a fund liquidity crunch.

Performance is for the period shown (month end to month end, bid/bid, gross income reinvested, calculated in GBP)..
Portions of the information contained on this page was derived by Citywire Financial Publishers Ltd using content supplied by Lipper, A Reuters Company.