Macro

High-quality rates and emerging market debt strategies.

Our approach

As there are clear areas of overlap between rates, emerging market debt and multi-asset, we have combined the teams. Portfolio managers in these areas are focused on the same things – economic growth rates, the shape of yield curves and levels of inflation across geographies.

Benefits

Commitment

An experienced, global team located in the UK, Continental Europe, North America and Asia.

Creativity

A focused strategy supported by a deep bench of credit expertise.

Construction

A disciplined portfolio construction which we view as important as idea generation.

Key risks

Investment risk

The value of an investment and any income from it can go down as well as up and can fluctuate in response to changes in currency exchange rates. Investors may not get back the original amount invested.

Credit risk

Bond values are affected by changes in interest rates and the bond issuer's creditworthiness. Bonds that offer the potential for a higher income typically have a greater risk of default.