UBP Adds To Its EM Fixed Income Range

Robbie Lawther

27 October 2017

(UBP) has announced a new addition to its emerging market fixed income range with the launch of the UBAM - Emerging Market Sovereign Bond.

It will be managed by Thomas Christiansen. The emerging market sovereign bond strategy employs both top-down and bottom-up security selection to provide exposure to hard-currency sovereign or quasi-sovereign bonds, the firm said in a statement.

Its investment universe consists mainly of issuers based in emerging countries. This launch complements UBP’s emerging market fixed income fund range which already comprises three emerging market corporate strategies (UBAM - EM Investment Grade Corporate Bond, UBAM - Emerging Market Corporate Bond, and UBAM - EM High Yield Short Duration Corporate Bond), and one unconstrained strategy (UBAM - Emerging Market Debt Opportunities).

The strategy is available to investors in Austria, Denmark, Finland, France, Germany, Italy, the Netherlands, Norway, Spain, Sweden, Switzerland and the UK.

“The launch of this new strategy reflects the significant and continued demand from investors for exposure to emerging markets," said Denis Girault, head of emerging market fixed income. "We believe our investment approach, combining top-down and bottom-up thematic analysis, is ideally suited to help investors benefit from a highly-attractive and exciting segment of the investment world.”

In July, this publication reported that the Geneva-headquartered private banking group's net profit stood at SFr109.5 million (around $110.2 million) in the six months to 30 June, a surge of 21.6 per cent on a year earlier.