A credit approach aiming to absorb shocks, not amplify them
Credit can feel calm — until it isn’t. The key is not avoiding risk but understanding it early and managing it with intent.
Corporate bonds may look reassuring, but credit can turn volatile when spreads widen or liquidity fades. Candriam views credit investing as a discipline that starts with risk: making it visible, measurable and debated early, rather than trying to eliminate it. A bond’s value depends on issuer choices, economic cycles and market structure, so risks interact—credit, rates, inflation, currency, liquidity and bond features. Candriam assesses issuers through operational, financial and event risk, fully integrating ESG, and reviews documentation and structure bond by bond. It narrows the investable universe for transparency, liquidity and expertise, and calibrates spread risk with a structured market framework.
Charudatta Shende
Charudatta Shende has been Head of Client Portfolio Management – Fixed Income Markets since 2016 and Fixed Income Strategist since 2025, responsible for strengthening our Fixed Income franchise strategy, client engagement, and product development. He joined Candriam in September 2016 as a Senior Client Portfolio Manager within the fixed income team.
Charudatta joined Candriam from Carmignac Gestion, where was the product specialist for the fixed income strategies. He began his career as a product research analyst at Pioneer Investments in Dublin.
Charudatta holds a double degree in Economics and Finance from the American Business School of Paris.
Marie Thomin
Marie Thomin is a Client Portfolio Manager within Candriam’s Fixed Income team, a role she has held since joining Candriam in 2022. Marie supports the development and positioning of fixed income strategies, working closely with portfolio managers and clients. She contributes to product strategy, client communication, and the delivery of tailored investment solutions across institutional mandates.
Prior to joining Candriam, Marie gained experience in Debt Capital Markets at SMBC Capital Markets and Société Générale Corporate and Investment Banking in London, where she worked on advisory and ESG-related transactions. She began her career at BNP Paribas in Paris within Risk Monitoring and Policies.
Marie holds a Master of Science in Finance from EBS Paris – European Business School, completed through a five-year integrated Master’s programme.
