Swiss & Global unveils JB Emerging Markets Investment Grade Bond Fund
Swiss & Global Asset Management has expanded the range of emerging market bond funds with the launch of the JB Emerging Markets Investment Grade Bond Fund.
The fund allows investors to diversify their fixed income allocation through a geographically varied range of investment-grade hard currency bonds from issuers in emerging markets.
The lead fund manager will be Enzo Puntillo, head fixed income emerging markets and the fund will benchmark its performance against the JP Morgan Emerging Markets Bond Index Global Diversified Investment Grade.
The fund will follow a disciplined active investment approach based on specialist in-house tools and research. Fundamental and valuation analysis will be used to determine country selection and portfolio positioning.
The fund will take overweight / underweight country positions based on assessment of countries’ fundamental framework and market valuations. The fund’s initial positioning will be overweight in the Central & Eastern European Region, while underweighting Latin America, Asian and African regions.
“This product is a diversifier from ‘traditional bonds’. It is a particularly useful allocation tool for investors looking for exposure to countries with strong fundamentals and low debt levels, but who want to maintain their exposure to bonds with high quality ratings. Swiss & Global is a pioneer in emerging market investments and with the launch of this fund we now offer investors a complete suite of emerging market debt options,” Puntillo said.