Swiss asset manager Vontobel has launched two emerging market bond funds amid increased demand for fixed income strategies.
The Vontobel Fund – Emerging Markets Investment Grade will seek to invest in investment grade sovereign or corporate bonds with a range of maturities.
Meanwhile, the Vontobel Fund – Asian Bond will purchase corporate bonds across the continent.
The objective of both funds is to generate attractive returns over a full economic cycle while respecting risk diversification. They will be managed by head of emerging market corporates Wouter van Overfelt.
Simon Lue-Fong (pictured), Vontobel head of fixed income, said: “The sentiment towards emerging markets fixed income has improved this year and, during these first few weeks of 2023, we have already seen significant interest from clients for the asset class. These funds are building on Vontobel’s long-standing emerging markets fixed income expertise and aim to provide our clients with additional solutions that are relevant to this new and promising phase of the market.”
Van Overfelt added: “These funds are important additions to our broad suite of emerging market solutions. One fund provides clients with access to high quality fixed income through a lower risk version of our existing hard currency funds, while the other fund is an Asian dedicated version of our flagship emerging market corporate fund, which offers exposure to fast growing Asian economies.”
