Thornburg has successfully completed the initial public offering of the Thornburg Income Builder Opportunities Trust (NASDAQ: TBLD).
Distressed debt exchanges are rising rapidly while default risks remain elevated. Amid a gusher of bond issuance in choppy market conditions, investors need a steady hand on the tiller to find compelling risk-adjusted opportunities.
Thornburg announced that Perpetual, a diversified financial services company serving Australians since 1886, has made a commitment to Thornburg's Multisector Opportunistic credit strategy.
Thornburg is pleased to announce the launch of Thornburg Strategic Income Fund, a UCITS fund domiciled in Dublin, Ireland. This unconstrained bond fund invests in a wide variety of asset classes around the world with an emphasis on higher-yielding fixed income.