union bancaire privee target global

Union Bancaire Privee (UBP) has launched an unconstrained bond fund which aims to offer flexibility and performance in all market conditions.

union bancaire privee target global

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The UBAM Unconstrained Bond Fund will invest in a range of fixed income assets and is free of benchmark-related constraints.

The fund is a Luxembourg-domiciled Sicav, and is global both in terms of the commitments it will make, and the markets in which it is available.

It is headed up by Christel Rendu de Lint, head of fixed income at the firm, who noted the fund is designed to benefit from a rising rate environment.

She said: “The fund’s ability to reduce its interest rate exposure between 0 and -2 years mitigates the inherent higher volatility regime of a less accommodative environment. In this respect, the investment objective is to provide investors with a fixed-income type of returns with a positive contribution from rising interest rates. As such, unconstrained investment solutions add to the risk-adjusted returns of broader portfolios either as a tactical or as a strategic asset class”.

Rendu de Lint manages a range of other funds, including the UBP Yield Curve Euro, the Dynamic Euro Bond and the Dynamic US Dollar Bond Fund.

Former UBP head of UK sales Philippe Broadhead joined Architas earlier in the year.

 

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