GIB Asset Management
GIB Asset Management (GIB AM) combines high-conviction investing with disciplined active strategies across equities and fixed income. By focusing on markets where active insight delivers the greatest value, our objective is to generate long-term outperformance for our clients.
Operating from London and New York, GIB AM manages a portfolio exceeding $4 .5 billion.
Fund: GIB AM Sustainable World Corporate Bond Fund
Why is the Fund a Fund to Watch?:
Designed to capture mispricing
Built on the belief that credit is a mean-reverting asset class, the Fund seeks to take advantage of dislocations when markets overreact to short-term noise. Through disciplined valuation analysis and dynamic credit risk adjustments, the Fund aims to convert volatility into alpha.
Strategically diversified
The Fund has a deliberately diversified custom benchmark (60% Global Investment Grade, 20% Global High Yield, 20% Emerging Markets) allowing for strategic exposure across regions and ratings where spreads compensate for risk, while retaining a core investment grade anchor with lower sector and issuer concentration than other indices.
High-conviction, multi-thematic, valuation-driven positioning
The strategy takes a longer-term time horizon to credit analysis, focussing on companies with durable revenue drivers and embedded downside protection, but only allocates capital where valuations justify. This selective approach prioritises risk-adjusted returns through the credit cycle.
Speaker:
Pascal Nicoli, Portfolio Manager
Pascal is a Portfolio Manager at GIB Asset Management, specialising in global and emerging market credit. He has over 20 years’ experience across credit analysis and portfolio management, having managed GIB’s long-short Emerging Markets Opportunity Fund as well as several global credit strategies for dedicated clients. Prior to joining GIB AM in 2007, Pascal started his career in Calyon’s credit portfolio management division in Paris. He has an MSc in Finance from EDHEC Business School in France and holds a Level 3 Certificate in Islamic Finance
Presentation Synopsis:
Volatility creates opportunities: Active credit in turbulent markets
Volatility is becoming an increasingly prominent feature of fixed income markets. With spreads tight and dispersion rising, broad beta alone is unlikely to drive returns. This session will explore why active management is critical in today’s credit environment. We will examine how structural shifts including AI, fiscal expansion, and evolving market technicals are reshaping corporate bond markets, and why this requires a disciplined approach to find opportunities for outperformance while managing risk. We will outline GIB Asset Management’s disciplined, valuation driven approach and explain how we can build a globally diversified credit portfolio designed to turn volatility into alpha and generate superior risk-adjusted returns through the cycle.
Sales Attendees:
Maia Dilloway, Business Development Executive
Maia is a Business Development Executive at GIB Asset Management, contributing to growing the firm’s assets and market presence. Since joining GIB AM in 2021, she has worked across marketing and communications, and now holds a role in the sales and distribution team. Maia graduated from Durham University with a first-class degree in Social Sciences.
Fabio Marinello, Business Development Executive
Fabio is a Business Development Executive at GIB Asset Management. After joining GIB AM in 2022 as an analyst across Business Development, Equity and Fixed Income Investment Management, Fabio started his role in the Business Development team in 2023, focused on growing the firm’s assets and wider profile across Europe.
Fabio joins from BNP Paribas Asset Management where he was on the Institutional Liquidity Sales team. He graduated from the University of Bath studying Politics with Economics and is currently undertaking the CFA Level 1 qualification.