Active across a broad spectrum of instruments, LXM’s Credit franchise offers advisory and execution services to clients on an impartial and confidential basis. The team averages over 20 years’ experience gained at investment banks, hedge funds and insurance companies. Our business specialises in offering liquidity to clients in sectors or markets where such levels are often difficult to obtain. Examples include supplying US dollar products to Asian clients during their trading day or helping overseas investors navigate the idiosyncrasies of the sterling bond market. Product expertise includes investment grade and high yield, emerging markets debt, asset-backed securities, structured and distressed credit as well as performing and non-performing loans. Since the inception of LXM’s Credit business, we have traded actively across all these asset classes.
Our Flow Credit business focuses on investment-grade, high-yield and emerging market credit instruments. We transact with a wide variety of clients comprising asset managers, insurance companies, hedge funds and private banks. We do not take positions as principal, thereby ensuring we are always aligned with our clients’ interests.
In addition to the Flow business, we have had demonstrable success in illiquid and bilateral structured credit transactions. Recent business includes the liquidation of a portfolio of infrastructure debt, a portfolio of CEE region municipal loans and bonds as well as substantial placings of structured notes secured by high grade credits. We engage in very close dialogue with our clients during such transactions to provide maximum transparency from offering through to settlement.
Our trading desk is located in London with additional and significant expertise in Asia, with several members of our team having worked in the region. This geographical diversity enables our clients to access liquidity from a wide variety of sources throughout our network.