Karsten Rosenkilde was born in the Danish capital of Copenhagen in 1971. He graduated from the Royal Holloway University of London before joining Merrill Lynch as a Eurobond market maker. Since then Karsten has assumed the role of portfolio manager at three separate institutions: Nykredit, BayernLB and his current position at DWS Investments, which he has held for four years. He defines his investment style as momentum, growth and value and he cites the European sovereign debt situation as key to forming his current geographical approach to investment, which he combines with credit fundamentals. Further to his fund management duties, Karsten enjoys playing tennis and travelling.
The objective of the investment policy is to achieve sustained capital appreciation that exceeds the benchmark (iBoxx Euro Corporate). In order to achieve this, the fund invests in corporate bonds denominated in euro. In addition, the fund invests in fixed- and floating-rate securities. The fund uses derivatives for both guaranteed value and investment purposes. The selection of individual investments is at the discretion of the fund management.