BOND MARKET(FIXED INCOME)

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Fixed Bonds

ZENITH Assets Management entered the investment landscape with a clear mission: to build a modern, integrated investment platform that aligns stability with innovation. One of our most robust pillars is Global Credit, where we combine traditional fixed income expertise with dynamic credit strategies to meet the evolving needs of investors and borrowers alike.

Our Global Credit Platform, managing nearly EUR 56 Billion in AUM within its first operational year, delivers a broad range of risk-adjusted strategies across liquid and illiquid credit, offering a compelling solution to investors seeking stable income, diversification, and consistent performance especially in today’s uncertain macroeconomic environment.

Stability, Predictability, and Long-Term Value

Fixed income has traditionally been regarded as a stable, lower-volatility component of an investment portfolio. In a post-pandemic world marked by monetary tightening, inflation volatility, and geopolitical uncertainty, it continues to be a core allocation for investors seeking regular income and capital preservation.

However, as central bank interventions and interest rate cycles have distorted traditional sovereign bond returns, investors must now look beyond passive strategies to uncover genuine value in fixed income. This has created greater demand for active, credit-oriented strategies, where credit selection, sector expertise, and global insight can drive alpha.

Credit Fixed Income: Unlocking Potential Beyond Government Bonds

The Opportunity in Corporate Credit
At ZENITH, we see tremendous potential in credit fixed income, or the debt of corporate and non-sovereign issuers. Unlike traditional government bonds, which today often yield below inflation, credit investments offer:

  • Higher Yield Potential
  • Improved Risk-Adjusted Returns
  • Portfolio Diversification
  • Access to Undervalued or Emerging Credit Markets

However, corporate credit is not monolithic. It spans multiple asset classes, credit ratings, regions, and structures. To capitalise on this landscape, an active, analytical, and globally connected investment approach is required.

Our Global Credit Platform

  • EUR 50–56B Global Credit AUM
  • 120+ Credit Investments Across Sectors
  • 352+ Professionals Worldwide
  • 500+ Active Borrower Relationships
  • 125+ Credit Investment Professionals
  • 850 Lending Relationships Worldwide

Worldwide Resources, Local Expertise

ZENITH’s Global Credit division is supported by an international team of sector-specialist analysts, portfolio managers, and origination professionals based across Europe, North America, and Asia. This "local-with-locals" model enables us to understand borrower needs on the ground, uncover off-market opportunities, and make timely, well-informed investment decisions.

We combine deep credit research, rigorous underwriting, and real-time market analysis to build credit portfolios that align with clients’ specific income, duration, and risk objectives.

Key Highlights

Note: Past performance is not a guarantee of future results. Fixed income investments are subject to interest rate, credit, and liquidity risks.

Leading with Trust

Trust is foundational to our growth and delivering exceptional outcomes. Our team of more than 125 credit investment professionals has established long term, trusted relationships with hundreds of credit partners worldwide and we benefit from Zenith’s long-standing sourcing relationships. We have access to approximately 850 lending relationships across the globe.

Mark Jenkins

Head of Global Credit

We provide opportunities to investors and solutions to borrowers, with an ability to anticipate and respond to their needs across the credit spectrum.

Advancing Solutions and Expanding Opportunities Through our Integrated Platform

Zenith’s Global Credit Department manages nearly EUR 200 million in assets across the risk-return spectrum: from liquid to illiquid. Since launch, ZAM has leveraged global scale, network, and industry expertise to offer borrowers creative, holistic capital structure solutions. We also work with investors to create value across a wide range of credit strategies.

Managing Risk through Rigorous Due Diligence

Our investors and borrowers see us as a trusted partner, helping drive business growth across market cycles. We have an ability to provide creative structures to borrowers while minimizing downside risk through our rigorous approach to due diligence and credit selection. We are highly selective in our approach and close on less than 5% of originations. We are equally focused on monitoring our credit risk across our portfolios, which has enabled us to minimize our default rate while maximizing long-term returns.