Our expertise
Credit Investments Group (CIG) is a recognized global non-investment grade credit manager investing in senior loans, high yield bonds, collateralized loan obligations (CLO) and multi-asset credit. We have significant experience investing in performing credit strategies and managing portfolios through various credit cycles. Two senior members of the Corporate Credit Forum have managed portfolios together for 25 years.
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56.7 USD
billion¹ AUM
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29 +
year track record
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71
front office professionals
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800 +
existing direct corporate relationships.
1 as of 30 June 2026
What sets us apart
Highly experienced team
One of the largest non-investment grade credit managers with substantial scale, an extensive network and experienced investment teams.
Broad range of solutions
Founded in 1997, CIG offers a select suite of credit strategies designed to help investors meet capital preservation needs and enhance yield opportunities.
Strong sourcing capabilities
Given our size, scale and long history in credit markets, much of our deal flow stems from long-standing relationships which can translate into early looks on new investment opportunities.
Our strategies
Senior secured loans
High yield bonds
Multi-asset credit
Credit opportunities
Structured credit (CLO debt and CLO equity)
Explore Senior Loans
Managing broadly syndicated loans: A four-step investment process
See how a disciplined four-step process supports the selection and management of broadly syndicated loans. Watch the video.
Senior Loans: A closer look at how they work
Explore the key features of broadly syndicated senior secured floating-rate loans and their potential role in a diversified portfolio. Watch the video.
High Yield Bonds, Senior Loans and CLO Debt: Where Are the Opportunities?
Discover where high yield bonds, senior loans and CLO debt offer compelling opportunities today. Watch the video.
Inside CLOs
CLO Equity
CLO Equity has become an increasingly popular asset class. Find out why and the primary ways investors can access CLO equity. This short video offers an introduction to the structure, features, and investment case for CLO equity.
Go beyond the video with our CLO Equity supplement, offering a concise look at the structure, return drivers and risks of the asset class.
Explore the potential of AAA CLOs through ETF innovation
Collateralized loan obligations (CLO) have grown in popularity since their emergence in the late 1990s, with over USD 1 trillion outstanding as of March 20241.
AAA-rated CLOs combine high credit quality, floating-rate income, and low correlation to other asset classes. Through ETF structures, these benefits are now accessible to a broader audience – with daily liquidity, transparency, and cost efficiency.
1. Source: Bank of America Global Research. Data as of 28 March 2024.
Monthly Credit Market Update
Solvency II reform
From 30 January 2027, updated Solvency II rules reduce standard-formula capital charges for senior securitizations, reshaping the role of AAA CLO tranches in insurers’ fixed income allocations.
Explore our overview of what changes in practice and download the white paper for key portfolio considerations.
Trending insights
When credit demand follows supply
Corporate issuers are increasingly traversing the global credit markets to optimize their funding strategy. Investors should adopt the same mindset, argue David Mechlin and Eileen Liu.
Credit in focus: Navigating liquid opportunities
Exploring yield, quality and diversification in non-investment grade credit
The strategic and tactical case for loans
Floating-rate loans can offer attractive yields, low duration risk, and diversification benefits, making them a compelling option in today’s market
Private Credit – current dynamics shaping markets
Recent LP discussions reveal concerns about crowding and concentration in private credit, leading to a revaluation of exposure and portfolio metrics. In response, we aim to delve deeper into our diversification approach this quarter.
Diversifying private credit portfolios: beyond traditional metrics
Many recent conversations with LPs have centered around the growing sense of crowding and concentration in the private credit market, prompting a revaluation of exposure and portfolio metrics.
Outlook for the CLO market amid macroeconomic challenges
Exploring the future of CLO markets: insights on the impact of interest rates, volatility, and the shifting balance of power between syndicated loans and private credit.
Private credit’s role in mid-market opportunities
Upper middle-market corporate credit dynamics bring both challenges and opportunities. Expert insights reveal how the convergence of private credit and public markets is influencing investment strategies.
The critical role of covenants in Private Credit
Covenants in private credit often act as crucial safeguards, functioning as early warning systems for lenders. They help monitor borrower stability and manage risks, allowing lenders to intervene if deviations from their base case occur.
Private Credit: Lessons from a deal-making expert
In a volatile economic climate with inflation and interest rate uncertainties, Kevin Lawi, Head of Private Credit at Credit Investments Group in UBS Asset Management, provides insights on the current state of public and private debt markets
Private credit: Everything old is new again
How do credit markets diversify and potentially smooth out returns in a portfolio? John Popp and Chris Kempton from UBS Credit Investments Group (CIG) discuss the latest market developments, opportunities, and more.
Filling the void
A brief history (and future) of lending disruption
Alternative investments: Asset allocation strategies in a changing environment
Highlights from the “An asset allocation solution for public and private markets” session at the Asia Investment Conference 2024
Infrastructure debt in a sweet spot for 2024
Attractive risk-adjusted returns during uncertain times
Infrastructure Debt in 2024: watch the webinar
Where does the sweet spot for infrastructure debt in 2024 lie? Watch the webinar to find out
Infrastructure Investor
Flight to quality over quantity
Unveiling niche opportunities in private credit
Most private credit managers focus on extending loans to upper and middle market companies owned by large private equity sponsors.
Private credit: The growth story in direct lending continues
Assets are up and activity abounds in the upper, middle and lower markets.
Risks
Risks
- Past performance of investments is not necessarily an indicator of future results.
- Portfolios contain investments rated below investment grade. These investments are speculative in nature and are considered to have a high degree of investment risk. Such assets have greater default risks, greater exposure to market volatility and greater liquidity risks when compared to investment grade debt obligations.
- There may be limited liquidity for some of the securities that the funds invest in due to the lack of a secondary market, while transfer restrictions on the securities will further limit liquidity.
- Portfolios may invest in globally denominated assets, some of which may be subject to a greater degree of regional economic conditions and sovereignty risks.
- As portfolio investments may be denominated in currencies other than the reference currency, the overall value can be impacted by changing exchange rates.
- Investors may lose part or all of the invested amount.
Contact our experts
Whether you have a question or a request, we will be happy to get in touch with you. Contact our UBS Asset Management team for more details.
