Investec launches two high yield bond funds in Hong Kong

The manager expects the funds will benefit from expected rate falls led by the US in the second quarter of next year.

Investec Asset Management has launched two high-yield bond funds targeted at the Hong Kong market following their recent authorization by the Securities and Futures Commission.

The US Dollar High Income Bond Fund holds a portfolio of fixed and floating rate securities issued by governments, institutions and corporations in both developing and developed countries. While securities held are mainly denominated in US dollars, the fund may invest in fixed interest securities denominated in other currencies but hedged against the greenback.

The Sterling High Income Bond Fund invests in a broad range of fixed interest and high yielding securities denominated in any currency but hedged against the Sterling.

Paul Griffiths, voted best fixed interest manager...

FinanceAsia has updated its subscription model.

Registered readers now have the opportunity to read 5 articles from our award-winning website for free.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences.

To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222

Article limit is reached.

Hello! You have used up all of your free articles on FinanceAsia.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences. To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222