Pictet Asset Management, the asset management arm of Swiss financial group Pictet, has launched the Pictet-Global Fixed Income Opportunities fund, Luxembourg-domiciled and Ucits compliant.
The Pictet-Global Fixed Income Opportunities fund, with a flexible and unconstrained approach to fixed income investing, seeks to generate higher returns by exploiting market volatility. It is well diversified across rates, spreads and fixed income, and can invest across all fixed income sectors in developed and emerging markets.
Managed by head of Global Bonds Andres Sanchez Balcazar and senior investment managers Sarah Hargreaves, David Bopp, and Thomas Hansen, the fund is aimed at bond investors who are willing to accept a higher level of risk to achieve higher returns.
The fund, targeting a 6 – 8% over cash per annum gross of fees, is registered for distribution in the following countries: Austria, Belgium, Cyprus, Finland, France, Germany, Great Britain, Greece, Italy, Liechtenstein, Luxembourg, Netherlands, Peru, Portugal, Singapore, Spain, Sweden and Switzerland.
Andres Sanchez Balcazar, head of Global Bonds, said: “We take an approach to bond investing that is not tied to a fixed income benchmark. This way, we can look for attractive investment opportunities across the whole fixed income market to benefit from market volatility and relative value trades. Due to the fund’s higher risk profile, we aim to deliver higher returns than those of the average absolute return global bond funds.”