hsbc unveils short duration bond fund
HSBC has launched a short duration high yield bond fund focusing on provision of a total return and maintenance of a low interest rate.
HSBC has launched a short duration high yield bond fund focusing on provision of a total return and maintenance of a low interest rate.
Five weeks after its launch, the investment arm of the National Bank of Abu Dhabi’s MENA bond fund is now fully invested in a spread of government and corporate bonds with an average credit grade between AA- and BBB.
Oddo and Cie has launched an open-ended European high yield corporate bond fund with dollar, euro and Swiss franc share classes.
European bond fund sales tumbled to a nine-month low in February at just 9.4bn, in line with a general trend, according to Lipper data.
Long-term funds attracted their highest monthly inflows in seven years in January, with both bond and equity sales contributing to the strength in numbers, according to Lipper data.
Credit specialist Muzinich is planning a Ucits version of its Credit Opportunities Fund, led by Mike McEachern, to be launched in Q2 this year.
Carmignac Gestion has appointed its head of credit Keith Ney to co-manage its 5.7bn European bond fund, Carmignac Sécurité, alongside Carlos Galvis.
Flows into bond funds reached 20bn across Europe in November, the second-best month since Morningstar first began collating the data in 2007.
Janus Capital has launched Global Flexible Income Fund, an Irish-domiciled Ucits vehicle investing across both investment grade and high yield credit with an emphasis on capital preservation.
Swiss & Global has revealed details of the emerging market corporate bond fund that it launched at the end of August.
Corporate credit specialist Muzinich & Co has added an income share class to its Transatlanticyield Global High Yield Bond Fund.
Skipton International, the Guernsey-based subsidiary of Skipton Building Society, has unveiled the latest edition of its 12-month fixed rate International Reserve Bond, which is paying investors a gross annual equivalent rate (AER) of 2.9%.