Contract award notice: corporate debt investment grade bonds
denominated in eur, active management.
The proceeds of the fund's initial offering of units have been invested in a portfolio of investment grade bonds
issued by Canadian issuers mainly and up to 10% of it may be invested in US investment grade bonds
Pakistan's banking sector appears to be hedging against a possible drag on dollar repayments by the State Bank of Pakistan by investing their excess dollars in investment grade bonds
issued abroad besides remaining long in dollars within NOSTRO Limits fixed by SBP.
The Waverton Global Bond Fund, which invests in Government bonds and investment grade bonds
from around the world, aims to outperform both the global bond peer group and cash over any three year period.
The fund added that the proceeds of the initial offering of units have been invested in a portfolio consisting mainly of investment grade bonds
issued by Canadian issuers and which are available to domiciled investors and that up to 10% of the portfolio may be invested in US investment grade bonds
Patrick Vogel, lead manager on Schroder ISF EURO Credit Conviction and Head of European Credit, added:"As the eurozone economies move into a stabilisation phase, providing a more supportive environment for credit, we are seeing a sweet-spot for European credit with opportunities across the investment space, particularly in higher yielding investment grade bonds