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Algebris Macro Credit B EUR Acc

Ranked 20 out of 48 in - Global Macro over 12 months
All calculations are in EUR unless stated

Managed by

Alberto Gallo

Alberto Gallo joined Algebris in April 2016 to set up and manage the Algebris Macro Credit Fund, an unconstrained strategy investing across global bond and credit markets, and with lead responsibility for macro strategies. Before joining Algebris, Gallo initiated and ran the Global Macro Credit Research team at RBS, leading idea generation across credit markets. Gallo is active in the financial policy debate as a participant in the ECB and ESMA contact groups on macro financial stability, and as a frequent contributor to the Financial Times and the Wall Street Journal. Previously, he was a Global Credit Strategist at Goldman Sachs in New York. Prior to that, he initiated and ran the Global Credit Derivatives Strategy team at Bear Stearns. He started his career at Merrill Lynch in London. Gallo is a Chartered Financial Analyst and holds an MSc in economics and finance from Bocconi University, cum laude.


The Algebris Macro Credit Fund aims to achieve a high level of income diversifying across global bond and credit markets. The Fund intends to invest primarily in the following asset classes: debt securities to include corporate or government bonds with fixed or variable interest, investment or below investment grade, mortgage-backed and other asset-backed securities, senior and subordinated financial debt, convertible securities, contingent convertible instruments, hybrid securities, Tier 1 and upper and lower Tier 2 securities (which are forms of bank capital), and trust preferred securities (a type of hybrid security).

Showing fund performance in Luxembourg View performance globally


Global Macro over : 31/08/2017 - 31/08/2018
  • Rank 20/48 Total Return
  • Rank 35/48 Standard Deviation
  • Rank 36/48 Max Drawdown
Fund Name Currency Return
18 U Access (Ire) Trend Macro C EUR Acc

Currency exposure is hedged

Currency exposure is hedged



19 Amundi Fds Credit Unconstrained - AE (C) EUR


20 Algebris Macro Credit B EUR Acc EUR


21 Bellevue F (Lux) BB Global Macro B EUR EUR


22 Planetarium Fund Anthilia Blue B EUR


Fund Name Currency Risk
33 Tom Capital Growth Fund A (EUR) EUR


34 Ouessant A

Currency exposure is hedged

Currency exposure is hedged



35 Algebris Macro Credit B EUR Acc EUR


36 Halley SICAV-Alinea Global A EUR EUR


37 OFP 400 B EUR


Fund Name Currency Loss
34 Amundi Global Macro Multi-Asset - I (C) EUR


35 Ouessant A

Currency exposure is hedged

Currency exposure is hedged



36 Algebris Macro Credit B EUR Acc EUR


37 Vivace 66 I EUR


38 Vates Parade A EUR


Total Return

Quarterly Performance

to 30/06/2018 Annual Q1 Q2 Q3 Q4
2018 -0.7% -5.5%
2017 8.5% 1.6% 0.5% 0.8% 5.4%
2016 3.1%

Month by Month Performance

Returns Vs Risk

Registered For Sale In

  1. France
  2. Germany
  3. Ireland
  4. Italy
  5. Luxembourg
  6. Netherlands
  7. Switzerland
  8. United Kingdom

Fund Info

  • Launch date19/07/2016
  • Share Class size1,036Mn
  • Base currencyEUR
  • ISIN IE00BYT35244

Purchase Info

  • Min. initial investment10,000
  • Min. regular additional investment0


  • Annual management0.90%
  • Initial investment0.00%

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Performance is for the period shown (month end to month end, bid/bid, gross income reinvested, calculated in the currency and currencies indicated).