Nomura Asset Management has announced the launch of its Global Dynamic Bond Fund, extending the groups existing $53bn (€46.6bn) fixed income offering.
The fund applies top-down analysis of macroeconomic and market themes to construct a strategic portfolio of cash bonds, accounting for at least 80% of the assets within the strategy. The fund uses derivatives in order to provide cosy effective hedging strategies against
It is managed by Richard Hodges, who joined the firm in November from Legal & General Investment Management. He comments on the launch: “Nomura’s global presence and extensive resources have helped us to build a diversified portfolio that can deliver attractive yields and potential for capital return. The fund will invest across multiple fixed income asset classes, credit ratings, geographies and sectors, allowing us to dynamically.”