Threadneedle Investments has launched a global corporate bond fund investing in investment grade bonds, money market instruments and cash.
Alasdair Ross, who joined the company in 2003, will manage the Threadneedle Global Corporate Bond Fund, which is domiciled in Luxembourg and benchmarked to the Barclays Capital Global Aggregate Corporates Index.
“In a low-yield environment, exposure to corporate credit can provide an effective way for investors to preserve capital and generate income whilst diversifying their portfolio away from the volatility of equity markets,” says Ross.
Fifteen analysts based in London, Boston, Minneapolis and Singapore will support Ross in managing the fund. Threadneedle Investments manages $47 billion (€35 billion) of fixed income assets.
The fund may invest up to a third of its assets in debt securities other than investment grade bonds, such as government and high yield bonds.
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