Macquarie Investment Management (IM) has launched three new funds, including Macquarie Absolute Return Mortgage-Backed Securities fund – a sub-fund of a Luxembourg Sicav (Ucits compliant) – which enables certain global investors access to Macquarie’s existing Absolute Return Mortgage-Backed Securities (ARMBS) strategy.
Macquarie launched ARMBS fund following increasing global investor demand for the ARMBS strategy, designed for investors interested in an absolute return outcome by investing primarily in US government-backed fixed income securities, with a focus on agency mortgage-backed securities (MBS).
Lead portfolio managers Brian McDonnell and Ion Dan will manage the strategy, supported by the resources of a global fixed income team that includes dedicated specialists with deep expertise and experience in managing MBS, rates, and duration.
Macquarie also introduced two other funds – Macquarie Global Multi Asset Income fund, which seeks to provide investors with current income and an investment that has the potential for long-term capital appreciation, and Macquarie US Smaller Companies fund, which aims to generate long-term capital appreciation by investing in US small- to mid-cap companies.
All three funds are domiciled in Luxembourg as Ucits-compliant Sicav investment vehicles.