Asset manager Allspring Global Investments launched the Allspring (Lux) Worldwide Fund – Global Income Fund, a Ucits addition to its existing Luxembourg range.
Allspring has launched this multi-sector fixed income fund to address growing demand from investors in the UK, Europe and Asia. Based on Allspring’s successful Income Plus strategy—previously available only to institutional clients and as a US mutual fund—the fund aims to deliver high income and total return through flexible capital allocation across global fixed income markets, including government, securitised, investment grade, high yield, and emerging market debt.
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Classified as an SFDR Article 8 fund, it promotes environmental and social characteristics but does not have a dedicated sustainable investment objective.
The fund is registered for distribution in Luxembourg and UK. It intends to be registered in Austria, Belgium, Denmark, Finland, France, Germany, Ireland, Italy, Netherlands, Norway, Portugal, Spain, Sweden, Switzerland, Hong Kong, Singapore and South Korea.
Andy Sowerby, head of the international client group at Allspring, commented, “This is a timely and important launch as we continue to broaden Allspring’s Ucits range to meet the needs of our global clients. We see the creation of the fund as being a flagship offering that can help our clients navigate the complex and fast-moving fixed income markets”.
