Investec widens specialist funds offer
Investec Asset Management has announced the launch of a series of new funds as part of the expanding range of options within its specialist fund suite.
This further supports Investec Asset Management’s expanding global footprint in both the institutional and adviser channel, the firm said.
The Luxembourg-domiciled funds will add to the growing Global Strategy Fund range, Investec Asset Management’s internationally distributed fund range, registered in Luxembourg and 22 further countries. The funds will be aimed at international investors, discretionary buyers, fund of funds and institutional buyers on a global basis and will be distributed via selected networks.
The three funds are:
• Investec GSF Emerging Market Debt Total Return Fund
The Investec GSF Emerging Market Debt Total return fund is a total-return, benchmark-agnostic fund which further extends Investec Asset Management’s range of EM fixed income strategies.
The fund is managed by Antoon de Klerk and Andre Roux, backed by Investec Asset Management’s experienced team of investment specialists led by co-heads Peter Eerdmans and Werner Gey van Pittius.
The strategy aims to provide benchmark-unconstrained exposure to a wide opportunity set within emerging market fixed income. It will focus on opportunities in local EMD, but also make allocations to hard and corporate EMD at times. The strategy aims to offer a lower volatility than the typical universe, taking an investment approach which combines strong fundamental bottom-up analysis with top-down positioning.
• Investec GSF Asia Local Currency Bond Fund
Managed by Wilfred Wee and Peter Eerdmans, the Investec GSF Asia Local Currency Bond Fund invests in a regionally diversified portfolio of Asia local currency sovereign and corporate bonds. Asia is home to the world’s largest developing bond markets, underpinned by robust regional economic growth and strong credit quality.
This fund aims to capture a significant yield premium over developed market bonds with a typically shorter interest rate duration risk, and uses an investment process specifically designed for local currency emerging market debt, Investec explained.
• Investec GSF Global Diversified Growth Fund
As the firm said, this fund aims to provide investors with attractive real returns, seeking to achieve US CPI +5% per annum over a long-term horizon with half the volatility of equities over a rolling five-year period.
The fund launches following demand for a US-dollar centric version of the existing UK domiciled Investec Diversified Growth Fund and will also be managed by Philip Saunders and Michael Spinks, co-Heads of Investec Asset Management’s Multi-Asset team, backed by Investec’s expert in-house investment capabilities.