Mirabaud Asset Management has launched a Global Strategic Bond Fund with assets in excess of USD100m.
The Mirabaud – Global Strategic Bond Fund is a total return fund aimed at capturing all opportunities across the fixed income universe under various economic cycles, including the currently unfolding post-monetary easing phase.
The newly launched fund is managed by Andrew Lake, head of high yield and fixed income specialist, and by Fatima Luis, senior portfolio manager. It follows an investment philosophy driven by active management and security selection, incorporating both top-down and bottom-up analysis.
Lake says: “Actively managing duration and credit exposure across the business cycle will be the main driver of performance for this new fund. Given the level of rates in most markets, a passive approach is deemed to fail to meet investors' expectations in terms of yield or capital preservation.”
The London based team of fixed income specialists is further strengthened by Alexander Lushnikov.
Lionel Aeschlimann, managing partner and head of asset management at Mirabaud, says: “This strategic bond fund is a crucial solution for our investors who are all afraid of the bond turn and the consequences on their portfolio of an interest rate normalisation process. A more dynamic approach by an experienced team mixing instruments and searching for value is the only way to address these uncertain times. This fund will make a very strong addition to Mirabaud Asset Management’s offering. We are confident that Andrew and his team will generate excellent long-term results for our clients while protecting the downside.”