Threadneedle Investments, Credit Fund, Robert Stirling - Sep 2003

If Robert Stirling can continue the first four months’ performance of Threadneedle’s Crescendo Credit Fund, the portfolio will easily eclipse its targeted 12% annual return target on its first birthday next March. The $40m fund was up 8% net to the end of June, remaining within its volatility limits of 5.5%. In June, says Stirling, the portfolio was also up by nearly 3%. Stirling pursues three main strategies in the fund he tags as having “a pure credit focus” genera