Aberdeen Standard Investments has strengthened its fixed income range with the launch of a global short duration corporate bond fund.
The fund seeks to deliver attractive risk-adjusted returns from a diverse portfolio of global corporate bonds, but with significantly reduced interest-rate risk.
The company aims to reduce the interest-rate risk by investing primarily in bonds with maturities of between one and five years, therefore delivering significantly lower exposure to interest rate risk than the wider global corporate bond universe. The best way to generate alpha in credit markets is through rigorous, bottom-up credit analysis and the global credit team behind the fund has a proven track record of consistently adding value from robust stock selection.
The fund is a global portfolio, rather than allocating to regional silos, we treat the global credit universe as one opportunity set. This allows the fund to take a ‘global relative-value’ perspective in pursuit of strong risk-adjusted returns.
The fund is managed by Craig MacDonald, Samantha Lamb, Jon Curran and Chris Heckscher.
Samantha Lamb commented: “Fundamental credit research and conviction views on companies are critical to our alpha generation. By investing primarily in short-maturity bonds, the global short duration corporate bond fund is an option for investors concerned about interest-rate risk who continue to seek value from credit spreads and active management across a global credit opportunity set.”