- Sector
- Financial Services
- Industry
- Asset Management - Bonds
- Address
- 19900 MacArthur Blvd., Suite 655 Irvine CA United States of America 92612
- IPO Date
- Aug 18, 2020
- Business
- Anfield Dynamic Fixed Income ETF (ADFI) is an actively managed exchange-traded fund that operates as a fund of funds, primarily investing at least 80% of its net assets in unaffiliated exchange-traded funds focused on global fixed income markets; these underlying funds provide exposure to corporate bonds, U.S. government and agency securities, private debt, foreign sovereign bonds, convertible securities, bank loans, asset-backed securities, mortgage-backed securities, and cash equivalent instruments. The ETF seeks total return through dynamic, concentrated allocations typically across 10-20 underlying funds, emphasizing investment-grade corporate sectors, mortgage-backed and asset-backed securities, with a target single-A weighted average credit quality, 3-4% annualized volatility, and weighted average maturity of around 7-8 years; it features monthly dividend distributions and trades on the Cboe BZX Exchange with net assets of approximately $46 million. ADFI targets investors seeking core-plus fixed income strategies that outperform traditional benchmarks like the Bloomberg U.S. Aggregate Bond Index over full market cycles, with geographic focus on U.S. bonds (about 82%) supplemented by non-U.S. bonds (17%).
Regents Park Funds, LLC, a privately owned registered investment adviser headquartered in Newport Beach, California, serves as the adviser and sponsor, while Anfield Capital Management, LLC acts as sub-adviser; the fund was launched on August 17, 2020. Portfolio management is led by Cyrille Conseil, CFA (35+ years experience), Peter Van de Zilver, CFA (44+ years), and Cameron Baxter, CFA (7+ years), drawing from pedigrees at firms including PIMCO, Bear Stearns, and Jefferies. Regents Park Funds, an affiliate of the Anfield Group, manages a family of ETFs and mutual funds with offices across seven U.S. states.
In a significant recent development, Horizon Investments announced on December 4, 2025, its agreement to acquire Anfield Capital Management, bringing Anfield's approximately $662 million in assets under management—including ADFI and related fixed income products like the Anfield Universal Fixed Income ETF (AFIF)—under Horizon's umbrella, subject to shareholder approvals and customary closing conditions expected in the first half of 2026; this follows Horizon's 2025 brand refresh, launch of a 12-fund ETF suite, and acquisition of equity manager Centre Asset Management. The transaction expands Horizon's fixed income capabilities, OCIO services, and bicoastal presence with Anfield's California base, aligning with strategic growth in customized advisor solutions. No other major acquisitions, product launches, or reorganizations specific to ADFI were reported in the last 1-2 years beyond ongoing monthly distributions and portfolio attribute adjustments.