Mirabaud Launches Global High Yield Bonds Fund

Sally Ling

13 February 2013

Mirabaud Asset Management, part of Geneva-based Mirabaud & Cie, has launched a global high yield bonds fund. The new fund, which has assets in excess of $125 million, is a sub fund of the Mirabaud Luxembourg Sicav.

The fund will invest primarily in global high yield corporate issuers. It aims to outperform the high yield universe and generate “an attractive total return” through a combination of income and capital gains. It will be actively managed and incorporate both top-down and bottom-up analysis in security selection.

“This flexible approach aims to seek out and exploit relative value opportunities across markets, sectors and individual companies. All of this is encompassed by a thorough analysis and ongoing monitoring of risk by the various high yield specialists across Mirabaud,” Andrew Lake, the manager of the fund, said in a statement.