Fund Management
What's New In Investments, Funds? - HSBC, Robeco

The latest news in funds and investments from across the world.
HSBC
HSBC
Global Asset Management has launched the HSBC GIF Asia High
Yield Bond Fund, which aims to provide long term total return by
investing in a portfolio of high yielding Asian bonds.
The fund will be managed through a disciplined investment process
with an active, fundamental approach, combining top-down macro
assessment and bottom-up credit analysis. It will invest mainly
in non-investment grade bonds, but can also selectively take
positions in investment grade and unrated bonds.
The fund will be managed by HSBC Global Asset Management’s Asian
fixed income team.
“As negative yielding debt becomes a lot more common, Asian high
yield bonds stand out as an asset class offering not only a yield
advantage, but a diversification benefit for global investors.
Their low default rate, sound corporate fundamentals and strong
demand are among other factors to consider when looking at this
asset class," Alfred Mui, director and head of Asian credit, and
the lead manager of the HGIF Asia High Yield Bond Fund, said.
“The HSBC GIF Asia High Yield Bond Fund offers global investors a
diverse, growing array of opportunities, including corporate,
sovereign, quasi-sovereign, local currency denominated,
convertible and unrated bonds. The experience we have accumulated
through many market cycles in Asia has deepened our understanding
of local asset markets," Mui added.
As of 30 September 2019, HSBC Global Asset Management manages $85
billion in Asian fixed income assets, which includes U$10 billion
in Asian credit.
Robeco
Robeco has launched
Robeco QI Global Multi-Factor Bonds, a strategy focused on the
credit market sector.
The strategy is designed to beat the Bloomberg Barclays Global
Aggregate Index and invests in a diversified fixed income
portfolio of credits and government bonds with balanced exposure
to the low risk, quality, value, momentum and size factors. Due
to its highly systematic nature and distinct investment style,
investors in the fund can benefit from style diversification with
fundamentally managed global fixed income strategies.
The strategy integrates environmental, social and governance
(ESG) criteria into the investment process, and engagement and
exclusions are carried out by Robeco’s active ownership team. The
fund will be managed by Olaf Penninga and Patrick Houweling, who
heads Robeco’s Quant Credit capability.
Robeco QI Global Multi-Factor Bonds is domiciled in Luxembourg
and available to institutional and retail investors, as well as
wholesale distributors in key markets at the request of
investors.