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

CPR Credixx Global High Yield - I

Ranked 27 out of 245 in - Global High Yield over 12 months
All calculations are in EUR unless stated

Managed by

Julien Daire

Julien Daire is head of credit management at CPR Asset Management having started at the group in 1998 as a risk manager and later became head of the risk department. He uses a directional investment style and manages the CPR Credixx Global High Yield and CPR Credixx Investment Grade funds. Based in Paris, he studied at Rennes University.

Benoit Houzelle

Benoît Houzelle started his career in 2004 at Crédit Agricole Asset Management. He initially worled as a quantitative analyst on Fixed Income and Credit Products before moving onto volatility and convertible bonds products between 2007 and 2010. In 2010, he joined Amundi as a structured funds portfolio manager, later joining CPR Asset Management as a credit portfolio manager in 2013. Houzelle holds a Civil Engineering Degree from the Ecole des Mines de Nancy.


The fund aims to outperform the composite index Eonia + [1.5 x (1/3of the perf. of Itraxx Crossover 5Y in Euro + 2/3 of the perf. of CDX.NA.HY.5Y USD hedged in euro)]. To achieve this, the management team primarily exposes the portfolio to the lines of credit of European and American corporate issuers belonging to the speculative grade (rated below BBB-by S&P) based on their expectations of the credit market . This credit exposure is mainly obtained via credit derivatives of the multi-issuer indices iTraxx Crossover and CDX.NA.HY with a 5-year maturity.

Showing fund performance globally. You can view performance in individual jurisdictions.


Global High Yield over : 31/08/2016 - 31/08/2017
  • Rank 27/245 Total Return
  • Rank 120/245 Standard Deviation
  • Rank 30/245 Max Drawdown
Fund Name Currency Return
25 LI Obligationer Gobale High Yield USD


26 UniInstitutional Basic Global Corporates HY EUR USD


27 CPR Credixx Global High Yield - I

Currency exposure is hedged

Currency exposure is hedged



28 AQA High Yield Bond A EUR Retail USD


29 Deka-Globale Renten High Income TF USD


Fund Name Currency Loss
28 SWC (LU) BF Secured High Yield AA USD


29 Investec GSF Global High Yield Bond S Inc USD USD


30 Henderson HF Global High Yield Bond A2 USD USD


30 CPR Credixx Global High Yield - I

Currency exposure is hedged

Currency exposure is hedged



32 Tower Global High Yield Acc USD USD


Total Return

Quarterly Performance

to 30/06/2017 Annual Q1 Q2 Q3 Q4
2017 2.9% 2.1%
2016 12.9% 2.8% -0.3% 5.4% 4.6%
2015 3.1% 4.1% -2.0% -3.3% 4.6%
2014 6.7% 2.5% 2.9% -1.5% 2.7%
2013 26.2% 6.7% 1.8% 7.1% 8.5%
2012 24.9% 10.4% -3.2% 12.1% 4.2%
2011 -3.1% 3.4% 0.1% -13.3% 8.0%
2010 8.6% 9.7%

Month by Month Performance

Returns Vs Risk

Registered For Sale In

  1. France
  2. Switzerland

Fund Info

  • Launch date15/06/2010
  • Share Class size355Mn
  • Base currencyEUR
  • ISIN FR0010899708
  • Currency exposure is hedged

Purchase Info

  • Min. initial investment250,000
  • Min. regular additional investment0


Related News

Long on bonds: global HY heavyweights go head-to-head

VIDEO: Our head of cross-border investment research uncovers the biggest money maker and best performer in the hotly-contested sector.

The 100% club: top global HY managers over five years revealed

Citywire Selector uncovers the pair of investors shooting the lights out over the longer term in this hotly contested sector.

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