Thomas Keller Email & Phone Number

Zurich, Switzerland

Team head and lead portfolio manager for global high yield fund management at Julius Baer.

Zug, Switzerland

Portfolio manager and team head for high yield bond and multi-asset funds as well as several high yield and pension fund mandates.Responsible for full investment cycle: identifying, analyzing, selecting and sourcing investment opportunities; trading, monitoring, divesting and reinvesting.Implementation of portfolio strategies through asset allocation, sector allocation, relative value analysis, duration/yield curve adjustments and bottom-up fundamental credit modeling… Show more Portfolio manager and team head for high yield bond and multi-asset funds as well as several high yield and pension fund mandates.Responsible for full investment cycle: identifying, analyzing, selecting and sourcing investment opportunities; trading, monitoring, divesting and reinvesting.Implementation of portfolio strategies through asset allocation, sector allocation, relative value analysis, duration/yield curve adjustments and bottom-up fundamental credit modeling. Implementation managed within UCITS guidelines.Hedging and additional risk positioning implemented via equity derivatives, currency swaps and forwards and interest rate futures.High-Yield performance (total return, USD): 2017 +8.2% (net fees) / +10.2% (before fees) versus +7.5% for the market (ICE BofAML H0A0 High Yield index), and YTD 2018 through April +0.18% (net fees) / +0.85% (before fees) versus -0.25% for the market. Show less

Zürich

Chief Investment Office (CIO). Responsible for buy-side high yield and leveraged loan investment research, including bond investing recommendations, company coverage, industry analysis and asset class strategy.Select and actively manage a portfolio of high yield bond trades for internal and external clients. Bond trades based on bottom-up fundamental credit modeling (incorporating credit metrics, capital structure and expected future performance) in combination with views on relative… Show more Chief Investment Office (CIO). Responsible for buy-side high yield and leveraged loan investment research, including bond investing recommendations, company coverage, industry analysis and asset class strategy.Select and actively manage a portfolio of high yield bond trades for internal and external clients. Bond trades based on bottom-up fundamental credit modeling (incorporating credit metrics, capital structure and expected future performance) in combination with views on relative value (i.e., spread, yield, duration, price and industry). Trades closely tracked for excess return and relative performance. Show less

Zürich

Responsible for buy-side leveraged loan and high yield investment research, including bond investing recommendations, company coverage, industry analysis and asset class strategy.Generate primary and secondary-market investment ideas and trades for high yield bonds based on bottom-up fundamental credit and relative value analysis, as well as top-down investment strategy for high yield and leveraged loans. Strategies include longer-term buy-and-hold investments and shorter-term high… Show more Responsible for buy-side leveraged loan and high yield investment research, including bond investing recommendations, company coverage, industry analysis and asset class strategy.Generate primary and secondary-market investment ideas and trades for high yield bonds based on bottom-up fundamental credit and relative value analysis, as well as top-down investment strategy for high yield and leveraged loans. Strategies include longer-term buy-and-hold investments and shorter-term high return special credit opportunities.Construct custom-tailored bond portfolios according to client-specific requirements. Show less

London And Zurich

Responsible for high yield and leverage loan analysis and investing. This includes generating primary and secondary market trades based on credit quality and relative value assessments in a portfolio context, covering high yield bond funds, CLOs and loan funds. Incorporates understanding of market pricing and spread / yield, capital structures (e.g. senior, subordinate, mezzanine, PIK loans and different types of high yield bonds), different industries, legal / documentation issues and the new… Show more Responsible for high yield and leverage loan analysis and investing. This includes generating primary and secondary market trades based on credit quality and relative value assessments in a portfolio context, covering high yield bond funds, CLOs and loan funds. Incorporates understanding of market pricing and spread / yield, capital structures (e.g. senior, subordinate, mezzanine, PIK loans and different types of high yield bonds), different industries, legal / documentation issues and the new issue pipeline.Manage full credit investment process for bonds and loans, covering transaction sourcing, liaising with bank origination and structuring teams, reviewing deal terms and documentation, quantitative and qualitative analysis (company, industry, base case and downside financial projections), review of exit strategies, presentation to the investment committee, investing and managing exposure. Show less