Selwood Asset Management is now offering its Market Neutral Credit UCITS strategy through the Deutsche Bank Platinum platform. The fund launched on April 13^th and currently has 300MUSD of assets under management. The strategy targets a net return of about 6% … 7% by capturing a historical dislocation in credit markets between actual market spreads and implied spreads from historical default rates. Instruments used are mainly related to the 2 major investment grade credit indices : iTRAXX Main Index(European credit) and Markit CDX North America Investment Grade indices (North America).

 The strategy was previously available via the Morgan Stanley Fundlogic platform.