Erste AM launches short dated EM corp fund
Erste Asset Management has launched a new fund for EM corporate bonds with shorter maturities, catering for defensive positioning by investors amid rising interest rates.
The dollar denominated fund will have an institutional and retail tranche and invests in corporate bonds with maturities of less than three years.Fund manager Péter Varga said that the Fed funds rate will have increased to 1.375% by year end 2017, above 2% by year end ...
Please take a trial or subscribe to access this content.
Contact our subscriptions team to discuss your access: email@example.com