Skip to content


Investment Approach

  • Seeks to generate alpha through effective combination of top-down sector allocation, currency positioning, and interest rate management with high-conviction, bottom-up security selection from our specialized global research platform.
  • Flexible investment mandate seeks to increase the potential for excess return in a diversified, multi-sector portfolio by tactically allocating across a global opportunity set of 16 sectors, including below-investment grade and non-U.S. dollar-denominated securities.
  • Actively diversify risk across both quantitative risk factors and qualitative investment themes
  • Our Global Multi-Sector Bond Strategy offers flexibility to incorporate a wide range of strategy designs and customized benchmarks, including both total return and flexible duration mandates.
  • Portfolio Construction

  • Base strategy target tracking error range: 200-500 basis points
  • Up to 50% of assets may be unhedged to exploit currency valuation opportunities Profile can be tailored to specific client risk tolerances
  • Benchmark Details:

  • ~~Base strategy: Bloomberg Global Aggregate USD Hedged Index^^
    ~~Ability to create custom benchmarks in a variety of base currencies and flexible duration mandates^^


    Latest Date Range
    Audience for the document: Share Class: Language of the document:
    Download Cancel


    Share Class: Language of the document:
    Download Cancel
    Sign in to manage subscriptions for products, insights and email updates.
    Continue with sign in?
    To complete sign in and be redirected to your registered country, please select continue. Select cancel to remain on the current site.
    Continue Cancel
    Once registered, you'll be able to start subscribing.

    By clicking the Continue button, I acknowledge that I have read and accepted the Privacy Notice

    Continue Back

    Change Details

    If you need to change your email address please contact us.
    You are ready to start subscribing.
    Get started by going to our products or insights section to follow what you're interested in.

    Products Insights

    GIPS® Information

    T. Rowe Price ("TRP") claims compliance with the Global Investment Performance Standards (GIPS®) and has prepared and presented this report in compliance with the GIPS standards. T. Rowe Price has been independently verified for the twenty four-year period ended June 30, 2020, by KPMG LLP. The verification report is available upon request. A firm that claims compliance with the GIPS standards must establish policies and procedures for complying with all the applicable requirements of the GIPS standards. Verification provides assurance on whether the firm’s policies and procedures related to composite and pooled fund maintenance, as well as the calculation, presentation, and distribution of performance, have been designed in compliance with the GIPS standards and have been implemented on a firm-wide basis. Verification does not provide assurance on the accuracy of any specific performance report.

    TRP is a U.S. investment management firm with various investment advisers registered with the U.S. Securities and Exchange Commission, the U.K. Financial Conduct Authority, and other regulatory bodies in various countries and holds itself out as such to potential clients for GIPS purposes. TRP further defines itself under GIPS as a discretionary investment manager providing services primarily to institutional clients with regard to various mandates, which include U.S, international, and global strategies but excluding the services of the Private Asset Management group.

    A complete list and description of all of the Firm's composites and/or a presentation that adheres to the GIPS® standards are available upon request. Additional information regarding the firm's policies and procedures for calculating and reporting performance results is available upon request

    Other Literature

    You have successfully subscribed.

    Notify me by email when
    regular data and commentary is available
    exceptional commentary is available
    new articles become available

    Thank you for your continued interest