Allianz’s Flexible Bond Strategy fund returns 4.5% to Italian investors
Allianz’s Flexible Bond Strategy fund announced today a 4.5% return a year after its launch on the Italian market.
The positive result was achieved with an active and dymanic management, quickly adapting portfolio allocation to the performance of bond markets, Allianz said.
The company applied to the fund its ‘multi-strategy’ investment philosophy as well as a very active risk management, which included the possibility to use negative duration.
“An active management of duration and the ability to quickly react to changes in the bond market are the winning elements in the current financial scenario. A professional manager should be able to take straightforward investment decisions, according to a well-defined strategy, which is a condition to achieve positive performances,” said Mauro Vittorangeli, chief investment officer at AllianzGI Italia SGR and manager of the fund.