Pictet Asset Management has launched the Pictet-EUR Income Opportunities fund for European investors seeking “reliable income with limited duration risk”.
The fund invests across euro-denominated investment grade and high yield credit, with at least 75% of assets allocated in European credit offering “attractive yields and an enhanced risk/return ratio versus government bonds”.
According to the firm, the capital allocation aims to optimise the positioning to maximise the income versus risk and the the investment team enhances the selection of holdings according to their long-term convictions.
EU fixed income funds see net inflows in January
The fund is managed by Jon Mawby and Charles-Antoine Bory. Mawby commented: “For over a decade, central banks have suppressed bond yields using ultra-loose monetary policy. With policy now normalising, exposure to fixed income can once again offer a core role in investors’ portfolios by providing reliable income and diversification. However, shifting interest rate policy means that investing in the asset class requires expertise to navigate volatility.”
Asset allocators eye fixed income, study shows
The Luxembourg SICAV fund is registered for sale in Austria, Belgium, Chile, Cyprus, Finland, France, Germany, Greece, Italy, Liechtenstein, Malta, Netherlands, Peru, Portugal, Singapore, Spain, Sweden, Switzerland and the UK.
