BlueBay Asset Management

BlueBay Asset Management
Partnership
Founded 2001 (2001)
Headquarters London, UK
Products Fixed income and alternative strategies
Website www.bluebay.com

BlueBay Asset Management LLP is one of Europe’s largest managers of fixed income credit and alternative investment strategies.[1]

History

BlueBay Asset Management was founded in 2001. The company was initially established to capitalise on strong growth trends in the European corporate and global emerging debt markets.

Today BlueBay is one of Europe’s largest specialist managers of fixed income credit and alternative strategies.

Royal Bank of Canada agreed to acquire the company in October 2010,[2] in a deal valued at £963 million ($1.54 billion),[3] completed on 17 December 2010.[4] BlueBay is currently a part of the RBC asset management division, under the RBC Global Asset Management group of companies.[5]

Operations

Based in London, with offices in the US, Luxembourg, Hong Kong, Switzerland, Ireland and Japan, BlueBay manages over US$55.3 billion (as at 30 June 2016[6]) for institutions and high-net-worth-individuals.

BlueBay manages a combination of long-only and alternative debt strategies covering investment grade, high yield/distressed, convertibles and emerging markets. Their clients are offered a selection of risk/return profiles, from absolute return long/short funds to relative return long-only funds and segregated accounts. BlueBay also has a private debt offering.

References

  1. ↑ "BBAY: Stock Quote - BlueBay Asset Management Ltd - Bloomberg". bloomberg.com. Retrieved 6 September 2012.
  2. ↑ Kar-Gupta, Sudip; French, Cameron (19 October 2010). "Royal Bank of Canada to pay $1.5 billion for BlueBay". Reuters. Retrieved 18 December 2010.
  3. ↑ "RBC to Buy BlueBay for $1.54 Billion". The Wall Street Journal. 18 Oct 2010. Retrieved 31 October 2013.
  4. ↑ "BlueBay Asset Management PLC (UK): Scheme of Arrangement - Amendment: Changes In FTSE Indices". FTSE Group. 14 December 2010. Retrieved 18 December 2010.
  5. ↑ "About BlueBay". bluebay.com. Retrieved 19 August 2015.
  6. ↑ "BlueBay Asset Management official site: About BlueBay". BlueBay Asset Management. Retrieved 19 August 2015.
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