Union Bancaire Privée (UBP) has added to its emerging market fixed income capabilities with the launch of a new offering – UBAM – Emerging Market Sovereign Bond.
Managed by Thomas Christiansen (pictured), the new strategy is based on an innovative approach which utilises comprehensive in-house research and thematic analysis to assess the interaction of global macro factors and country fundamentals in order to identify and access additional sources of alpha.
The emerging market sovereign bond strategy employs both top-down and bottom-up security selection to provide exposure to hard-currency sovereign or quasi-sovereign bonds. Its investment universe consists mainly of issuers based in emerging countries.
This launch complements UBP’s emerging market fixed income fund range which already comprises three emerging market corporate strategies (UBAM – EM Investment Grade Corporate Bond, UBAM – Emerging Market Corporate Bond, and UBAM – EM High Yield Short Duration Corporate Bond), and one unconstrained strategy (UBAM – Emerging Market Debt Opportunities).
Commenting on the launch, Denis Girault, Head of Emerging Market Fixed Income at UBP, says: “The launch of this new strategy reflects the significant and continued demand from investors for exposure to emerging markets. We believe our investment approach, combining top-down and bottom-up thematic analysis, is ideally suited to help investors benefit from a highly attractive and exciting segment of the investment world.”
The strategy is available to investors in Austria, Denmark, Finland, France, Germany, Italy, the Netherlands, Norway, Spain, Sweden, Switzerland and the UK.