Australian QIC has launched two Dublin-based Absolute Return Global Bonds funds - the first a ‘higher risk' UCITS III fund with a 10-12% pa net return objective and the second is a ‘lower risk' UCITS III fund with a cash + 3% pa net return objective.
QIC confirms that these funds have been launched with around €120m AUM and “directly replicate the highly-rated investment process and team behind the $500m+ Alpha Fund (AUD) absolute return global bonds strategy, now with a track record approaching six years.” Managing around $50bn in absolute and long-only benchmark bond mandates, QIC says its Global Fixed Interest (GFI) team has an “enviable track record of delivering attractive absolute returns (Sharpe of about 0.7) across both falling and rising interest rate environments.” QIC describes itself as being one of Asia’s leading bond...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes