bulletNEWS

 

LATEST NEWS

Hansard plans new products as it pushes on with turnaround

Hansard Global said its turnaround strategy is working, as it posts six months...
view article

Generali partners with Rakbank to sell its...

From Middle East Jan 29 2015 @ 12:33

Equity income and property drive best retail...

From United Kingdom Jan 29 2015 @ 09:00

MORE FROM Life

LATEST NEWS

New year, new rules

Ushering in the new year has bought a whole raft of regulatory changes for Hong...
view article

Qatar Investment Fund sees NAV rise over 2014

From Middle East Jan 28 2015 @ 16:27

Novia targets expats with offshore platform

From Products Jan 28 2015 @ 15:55

MORE FROM Tax & Technical

LATEST NEWS

A closer look at Gibraltar

Since 2008, Gibraltar has been listed in the Global Financial Centres Index...
view article

RDR 'mistakes' act as warning for MiFID...

From Europe Jan 28 2015 @ 12:49

FCA chief expresses regret over 'shoot first...

From United Kingdom Jan 28 2015 @ 12:36

MORE FROM United Kingdom


 

bulletEDITOR'S PICKS

 

Former hedge fund manager convicted of ‘multi-million pound fraud’

From United Kingdom Jan 19 2015 @ 17:00

A former City hedge fund manager has been convicted of a multi-million pound fraud in what the...
view article

Old Mutual Int'l launches 'commission ban' compliant bond

From Life Jan 14 2015 @ 04:00

Old Mutual International has launched a new wealth management product which is fully compliant...
view article


bulletRELATED ARTICLES

 


Another new fund for Schroders' Jolly

From Products Mar 4 2013 BY: Esther Armstrong

Add to My News Comments (0)

Add to My News Print

Add to My News

add to twitter

add to linkedin


Schroders' Bob Jolly

Schroders' Bob Jolly

In the latest of a number of fixed income developments Schroders has launched a Global Unconstrained Bond Fund to be managed by Bob Jolly and his global multi-sector team.

The fund will aim to achieve a risk-adjusted return of 4% to 5% per year over the benchmark over an interest rate cycle, although this is not guaranteed. 

Launch is set for April and the fund will be benchmarked against the Barclays Capital Global Aggregate Bond USD Hedged Index.

Jolly joined Schroders in September 2011 in a newly-created role as head of global macro within the fixed income team.

Last September Schroders launched a long/short strategy for him, the Global Macro Bond Fund, which targets Libor +8% each year. Year-to-date the Luxembourg-domiciled fund has returned 2.22%, according to Bloomberg.

Back in January the group reshuffled its fixed income desks putting Jolly and ex-GLG man Gareth Isaac at the helm of a fully integrated team, named the global multi-sector team.

The Schroder ISF Global Unconstrained Fund will be managed using a similar approach to the existing portfolios run by the team (the Global Bond, Strategic Bond and Global Macro Bond funds). The Schroder International Selection Fund (ISF) Sicav was established in Luxembourg in 1968 in order to help the firm access international clients.

Philippe Lespinard, chief investment officer of fixed income at the firm, said the new launch completes the group’s product range in this area, while Jolly added the unconstrained nature of the fund would allow the team to exploit its best ideas in rates, currency and credit.

Add to My News Comments (0)

Add to My News Print

Add to My News

add to twitter

add to linkedin


COMMENTS


Have your say

(Be the first to) Have your say!

Please sign in or register here to leave a comment. Registration is free and only takes a few moments.






Share us on Twitter

SHARE US ON TWITTER
Join the community

Join us on Linked In

SHARE ON LINKED IN
Inform your colleagues

Switch to our mobile site

SWITCH TO MOBILE SITE
News on the go

Back tot he top of the page

BACK TO TOP OF PAGE
Just click here...