Our Objective: is the same as the fund i.e. capital appreciation in the medium to long term and recurrent income with volatility as low as possible taking into consideration the client’s financial constraints and time horizon.
We emphasize on our management style and investment philosophy:
- Active management of both interest rates & credit exposure with disciplined investment approach.
- Absolute return strategy with aggressive allocation across sectors globally.
- Quality of credit (average credit rating is A or better ) and liquidity.
- Risk management control through day-to-day monitoring and performance attribution analysis.
In this current volatile bond market environment we strongly believe that a Buy and Hold strategy alone is not enough to generate sufficient alpha to the portfolio. However when combined with an active and dynamic strategy, the portfolio should benefit from both high income generation and market opportunities (new issues, extreme bonds valuation, yield curve shifts…).