Fixed Income
Five sub-funds have been established for investments within the Fixed Income Asset Class
Global Credit Fund
Investment Manager: Russell Investments
Underlying Investment Managers: Fidelity, Metlife, Coolabah and Robeco
Participating Funds: Cardiff, Dyfed, Gwynedd, Powys and Torfaen
Launch Date: July 2020
Global Government Bond Fund
Investment Manager: Russell Investments
Underlying Investment Managers: BlueBay and Colchester
Participating Funds: Cardiff and Torfaen
Launch Date: July 2020
Absolute Return Bond Fund
Investment Manager: Russell Investments
Underlying Investment Managers: Wellington, Aegon, Oaktree and DNCA
Participating Funds: Gwynedd, Powys and Swansea
Launch Date: September 2020
Multi-Asset Credit Fund
Investment Manager: Russell Investments
Underlying Investment Managers: ICG, Man GLG, BlueBay, Barings and Voya
Participating Funds: Cardiff, Clwyd, Gwynedd, Powys and Swansea
Launch Date: July 2020
UK Credit Fund
Investment Manager: Fidelity
Participating Funds: RCT
Launch Date: July 2020