The background to the launch is LGIM’s belief that developed nations will continue to increase trade and building relationships in and with emerging markets, talking advantage of long-term growth and sustainable higher yields.
The seven propositions are the Emerging Market Passive Local Currency Government Bond and USD Government Bond Fund (Hard Currency) funds as well as a USD Government Bond Fund (Hard Currency) that is hedged into sterling.
They are all benchmarked against various JP Morgan indices which, as Nick Hodges, a business development manager at LGIM, explained, are “transparent and rules-based and already widely used, best meet our clients’ needs”.
