Fixed income

Buy and Maintain Credit

Our Buy and Maintain credit strategies aim to deliver a sustainable stream of income over a long investment horizon to match cashflow requirements of insurers, defined benefit pensions schemes and other institutional investors.

Guangzhou skyline

About our Buy and Maintain credit strategies

Our Buy and Maintain strategies focus on capturing the credit risk premium from investment grade issuers through well-diversified portfolios that span across a range of geographies, sectors, and issuers, while aiming to avoid defaults and minimising turnover.

The team invest in high-quality corporate bonds on a hold to maturity basis to enhance yield compared to cash or government bonds whilst targeting a fixed cashflow profile. To mitigate risk concentration we apply limits to ensure that our clients are not overexposed at the issuer, sector or geographic levels.

Our global credit research team is aligned to the objectives of our Buy and Maintain portfolios. Every bond in the portfolio is fully underwritten on its issuer’s creditworthiness by an experienced credit research analyst to seek to minimise the risk of defaults. We also fully integrate sustainability considerations into the research process. This has included the adoption of SFDR Article 81 standards and a proprietary net zero protocol.

Our strategies are highly diversified in structure with continuous monitoring of credit fundamentals to proactively get ahead of potential risks. 

Related insights

  • Fixed Income
    Fixed Income

    Emerging market local debt | Macro insights

    By Meral Karasulu, Turgut Kisinbay, Wim Vandenhoeck

    Our experts share their views on the emerging market (EM) local debt asset class. Read their outlook and discover which markets they believe are presenting the most attractive opportunities.

    June 30, 2025
  • Alternatives
    Private%20credit%202025%20investment%20outlook
    Alternatives

    Private credit quarterly roundup: Liberation Day market responses

    By Scott Baskind, Michael Craig

    Experts from Invesco's bank loan, direct lending and distressed credit teams to share their views from the second quarter of 2025.

    June 9, 2025
  • Fixed Income
    The%20landmark%20of%20Toronto%20CN%20Tower%20rising%20straight%20up%20alongside%20compact%20corporate%20skyscrapers%20in%20sunrise.
    Fixed Income

    Global Fixed Income Strategy Monthly Report | May 2025

    By James Ong

    We speak with IFI portfolio managers about the factors driving US investment grade and how they are navigating the current fixed income environment.

    June 4, 2025
  • Fixed Income
    Invesco%20monthly%20fixed%20income%20update
    Fixed Income

    Monthly fixed income ETF update

    By Invesco

    April's fixed income markets saw mixed performance and volatility. Read our latest thoughts on how fixed income markets fared during the month and what we think you should be looking out for in the near term.

    May 8, 2025
  • Investment Outlook
    Fixed%20income%20investment%20outlook%202025
    Investment Outlook

    Fixed Income: The argument for bonds is the strongest it has been in years

    By Invesco

    We believe the case for investing in bonds is the strongest it has been since the GFC. Invesco’s experts from across Fixed Income teams and asset classes share their views on the outlook and opportunities.

    November 27, 2024
  • Footnotes

    Under the Sustainable Finance Disclosure Regulation, Article 8 funds are defined as those which promote environmental and/or social characteristics.

    Investment risks

    For complete information on risks, refer to the legal documents.

    The value of investments and any income will fluctuate (this may partly be the result of exchange-rate fluctuations) and investors may not get back the full amount invested.

    The strategy will invest in derivatives (complex instruments) which will result in leverage and may result in large fluctuations in value. Debt instruments are exposed to credit risk which is the ability of the borrower to repay the interest and capital on the redemption date. Investments in debt instruments which are of lower credit quality may result in large fluctuations in value. Changes in interest rates will result in fluctuations in value.

    Important Information

    Data as at 31 January 2024, unless otherwise stated.

    This is marketing material and not financial advice. It is not intended as a recommendation to buy or sell any particular asset class, security or strategy. Regulatory requirements that require impartiality of investment/investment strategy recommendations are therefore not applicable nor are any prohibitions to trade before publication.

    EMEA3850517 2024