China Bond - Core
Access opportunities in the second largest bond market through a core approach focusing primarily on liquid, high quality government and government-related bonds
- Invests primarily in government and government-related bonds issued in PRC in local currency
- Top-down interest rate and spread duration positioning with bottom-up curve management & instrument selection
- Minimum ratings of A- based on international rating standards
- Managed by an experienced emerging market debt investment team with local presence in Shanghai
Overview
Accesses opportunities in the second largest bond market through a Core approach focusing primarily on liquid, high quality government and government-related bonds.
Investment Process
Top-down and bottom-up approach with multiple alpha sources allocated opportunistically
Incorporates analysis of global economic drivers, individual country fundamentals, technical factors including supply and demand, and market pricing.
Includes fundamental analysis of issuers, integrates environmental, social and governance (ESG) scores, country credit worthiness and security analysis.
Team combines top-down and bottom-up inputs with risk management to create a model portfolio.
- Ongoing process and performance evaluation.
- Portfolios are adjusted for client-specific guidelines.
Proven Multi-Site Approach
Our presence across three emerging markets time zones allows us 24 hour-a-day market coverage, access to local in-depth knowledge and research and timely execution of investment decisions.
MANAGEMENT
Gorky Urquieta
Rob Drijkoningen
Li Wei
Prashant Singh, CFA
Wei Siong Cheong, CFA
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