The Swiss firm said its Global Diversified Credit Fund took an unconstrained approach and invested in credit opportunities including investment grade, high yield, emerging market debt, asset backed securities, secured loans, and convertibles.
It said the fund took an active approach to duration management and provided benefits in volatile markets or when interest rates rose. Environmental, social, and governance (ESG) factors were also part of the portfolio construction process.
The fund is managed by Mirabaud’s head of fixed income, Andrew Lake, and senior fixed income portfolio manager Fatima Luis.
“We recognise that investors are seeking more flexible and agile fixed income solutions that can respond quickly to a spectrum of economic and market conditions to maintain attractive risk-adjusted returns, particularly in an environment of rising interest rates and increased market volatility,” Lake said.