Axa Investment Managers has launched a fund investing in inflation-linked bonds worldwide.
The AXA WF Universal Inflation Bonds fund seeks to capture opportunities presented by inflation in both developed and emerging markets.
Jonathan Baltora, lead manager and member of three-strong team of inflation specialists, aim to maximise yield through broad portfolio diversification.
“For years developed economies have imported disinflation from emerging markets,” Baltora said, adding that this was changing. “The period of great moderation is over and inflation is an increasingly global phenomenon generated by new macro-economic dynamics.”
©2012 funds europe
