Zurich-headquartered Vontobel Asset Management has made a ‘best of emerging markets’ fixed income fund available to Swiss investors.
The Vontobel Emerging Markets Blend fund, which is now available to Swiss institutional investors, offers opportunities within the emerging market debt and currencies universe.
The strategy exploits value-driven and event-driven inefficiencies across emerging hard currency sovereign debt, local currency debt and corporate hard currency bonds.
The fund was launched in 2015 and has returned an average of 12.8% a year.
Head of emerging markets fixed income at Vontobel AM, Luc D’hooge, said: ‘We have a strong track record in delivering attractive returns in emerging market fixed income, so this fund follows the same active, value and contrarian investment philosophy as the other strategies that we manage.
‘The client delegates the decision in which asset class to invest and whether in hard or local currency.’