Vontobel launches EM blend fund
Vontobel Asset Management has launched ‘Best of Emerging Markets’ Fixed Income fund.
The Vontobel Emerging Markets Blend Fund offers investors attractive opportunities in emerging market bonds and currencies.
The fund, which has been in place since August 2015, uses value-based and event-based inefficiencies in government and corporate hard-currency debt and local currency debt in emerging markets. Vontobel has outperformed the index by more than 7% p.a.
Luc D’hooge, head of Emerging Markets Fixed Income said: “This is an important milestone for our clients seeking to engage in emerging markets, as they can now access our best ideas through a single fund product. We have a very good track record of generating attractive returns on fixed income investing in emerging markets, so this fund has the same active, value and countercyclical investment philosophy as the other strategies we manage.”