Deutsche launches structured bond fund
The product is the first tradable index-linked fund to invest in local currency emerging market government bonds.
Deutsche Bank has launched an index-linked fund in Singapore that cashes in on the strong economic fundamentals underpinning emerging market growth.
The DB Platinum Emlin Sovereign Bond Fund is linked to the bank's own index of local currency bonds issued by governments in the emerging markets, known as the Emlin Index, which comprises 32 bonds issued by 16 sovereigns in Central and Eastern Europe, Asia, the Middle East and Africa, and Latin America. Brazil, Poland and South Korea make up...
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