Uncertain Times Call for a Dynamic Approach  

August 2017
Quentin Fitzsimmons , Portfolio Manager

 

I think we certainly live in uncertain times and the global liquidity blanket provided by the central banks that you mentioned, is absolutely critical in understanding the valuation in markets. So the ability to invest globally, the ability to be flexible around positioning. The ability to lever a very strong investment process, is exactly the way to exploit this very peculiar and extreme environment. Grading the opportunities in emerging market local government debt is absolutely at the heart of what we do and being able to compare opportunities between developed markets and developing markets is again, absolutely at the heart of what we do. The ability to have a global research process, which can check local government markets in exactly the same way as you would look at the qualities of the gilt market or the US treasury market, are key to building a balanced and comprehensive portfolio.

 

We think this product appeals to investors who are maybe looking at fixed income in a traditional way. They want diversification, they want capital stability, they want a high degree of liquidity and we think in this environment of ultra-low yields, divergent monetary policy having the flexibility offered by the global dynamic strategy ticks those boxes.

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Dynamic Global Bond
RELATED FUND
SICAV
Class I USD
ISIN LU1216622214
Seeks to generate positive returns from global fixed income with a focus on downside risk and diversification from equity markets. View More...
YTD
Return
0.09%
Avg Coupon
4.39%
FACTSHEET
Avg Credit
Quality
A
Avg Maturity
5.38 yrs
Avg Duration
0.18 yrs