Pictet AM launches new short term Emerging Corporate Bonds fund

Swiss Asset manager Pictet has launched a new short term emerging markets corporate bonds fund, which will have a duration of maximum three years.

The fund aims to respond to the current low-interest climate and to provide investors with attractive yields and a defence against the negative impact on capital values of rising interest rates.

It is managed by Alain-Nsiona Defise (pictured), head of Emerging Corporate Debt. He is supported by a team of seven emerging market corporate investment professionals.

Commenting on the launch, Defise highlights: “This new fund aims to offer investors stable income generation and lower volatility compared to longer term emerging market corporate debt. The fund is well-diversified and invests across all sectors and emerging markets globally.”

It is structured as a compartment of the Pictet Luxembourg SICAV and is UCITS compliant. The fund is currently only registered in Luxembourg, it will registered in other European countries during 2014.

Mona Dohle
Mona Dohle speaks German and Dutch and is DACH & Benelux Correspondent for InvestmentEurope.

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