Schroders launches unconstrained bond fund

The Schroder ISF Global Unconstrained Bond fund, part of the group's offshore fund range, will come to market in April. Jolly (pictured) and fixed income portfolio manager Gareth Isaac will aim to achieve a return of 4%-5% p.a. over the benchmark over an interest rate cycle. The fund will be benchmarked against the Barclays Capital Global Aggregate Bond USD Hedged index over a rolling three- to five-year period. Schroder ISF Global Unconstrained Bond will be managed using a similar approach to the existing portfolios run by the Schroders global multi-sector team (ISF Global Bond, ISF ...