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Our international fixed income specialists, supported by our global research platform, focus on delivering strong risk-adjusted returns. We offer a comprehensive range of strategies to meet client objectives.
Benchmarked Passive/Low TE
Alternative weighted schemes
Traditional active investing based on extensive research resources
Combination of top down and bottom up convictions
Relies on fundamental analysis, in-depth credit research to assess the effective risk entailed and proprietary valuation models
Cost efficient beta management to be used as building block or to adjust allocations
Relies on our research resources to identify factors influencing indices
Tracking techniques (replication or stratified sampling)
Consistency, discipline and attention to details
Total Return solutions to contain volatility in fast moving markets
Beta positioning that reflects economic and credit cycle anticipations
Duration / currency exposure to hedge or expose the portfolio
Volatility and risk mitigation through a wider opportunity set
Buy and maintain solutions with strict investment constraints
Relevant for balance sheet optimisation by reducing capital cost and / or capital gain
Relies on our research resources to identify relative valuation opportunities
Solutions designed to access to market beta with an improved Sharpe ratio
AWS avoid the well-known shortcomings of market cap-weighted indices: concentration and drifts in credit quality and allocation
Some segments present ineffective risk / return profiles and should be avoided
A systematic, efficient approach
Our fixed income strategies are designed to deliver the benefits of a global platform with local investment team autonomy. This approach enables us to provide a targeted range of global, regional and single country investment strategies.
Our investment culture empowers flexible and timely portfolio management decisions. The global platform ensures robust, transparent and consistent processes.
A strong team-based approach incorporates wider perspectives for better, more resilient long-term outcomes.
Connecting clients to opportunities
As a global organisation, we leverage the expertise of our global product specialists and apply what works for clients in one area to clients in other parts of the world.
Deep research capabilities
Our global fixed income platform is supported by 200 portfolio management professionals and around 50 seasoned credit analysts specialised by geography and by sector.
With one of the largest and most experienced networks of credit research talent in the asset management industry, we have the resources to achieve competitive risk-adjusted returns.
The value of investments and any income from them can go down as well as up and investors may not get back the amount originally invested. The value of the underlying assets is strongly affected by interest rate fluctuations and by changes in the credit ratings of the underlying issuer of the assets.
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Terms and conditions
This Site is intended for Institutional Investors in Hong Kong only.
The Funds invest in various investments, such as equities, bonds, money market instruments, collective investment schemes and alternative investments. Each fund has a different investment objective and risk profile.
The Funds may subject to the risks of investing in emerging markets and smaller companies; and may subject to the concentration risks when the investments are concentrated in one or a small number of markets or sectors.
The Funds may invest in non-investment grade bonds, unrated bonds, contingent convertible securities, mortgage backed securities, asset backed securities and urban investment bonds issued by PRC local government financing vehicles (LGFVs) which are subject to additional risks and volatility.
The Funds may have substantial investments in securities issued by a single sovereign issuer (including but not limited to issuer with a non-investment grade credit rating) and are subject to higher concentration risk, sovereign risk and credit risk.
The Funds may gain exposure to hedge fund, absolute return strategy, private equity, real estate sector and Real Estate Investment Trust (REIT) which are subject to additional risks and volatility.
The Funds may invest in onshore Chinese securities through various market access schemes and China A-shares Access Products. Such investments involve additional risks, including the risks associated with China's tax rules and practices.
When investing in Indian bonds, the Funds may need to comply with the licensing regulations in India and may subject to additional risks, including quota restrictions and tax risks.
The Funds may invest in other funds and need to bear the underlying funds' fees and expenses on top of the Funds' own fees and expenses.
The Funds may invest in financial derivative instruments for investment purpose which may lead to higher volatility to their net asset value.
The Funds may pay dividends out of capital or gross of expenses. Dividend is not guaranteed and may result in capital erosion and reduction in net asset value.
Because the Funds' base currency, investments and classes may be denominated in different currencies, investors may be affected adversely by exchange controls and exchange rate fluctuations. There is no guarantee that the currency hedging strategy applied to the relevant classes will achieve its desired result.
Investing in money market funds are not the same as placing funds on deposit with a bank or deposit taking company. The Funds which are money market funds have no obligation to redeem units at their offering value and such Funds are not subject to the supervision of the Hong Kong Monetary Authority. Investors may not recoup the original amount invested in the Funds.
The Funds' investments may involve substantial credit, currency, volatility, liquidity, interest rate, tax and political risks. Investors may suffer substantial loss of their investments in the Funds.
The Funds are NOT equivalent to time deposits. Investors should not invest in the Funds solely based on the information provided herein and should read the offering document of the Fund for details.
You must read carefully the terms and conditions and disclaimers set out here (the 'Terms') and agree to be bound by these Terms prior to registering as a user of this website (the 'Site'). By selecting ACCEPT at the bottom of this page, you agree to be bound by these Terms. If you do not agree to be bound by these Terms please select the DECLINE option below.
I have read and accept the terms above and wish to continue into this site. I confirm that I am an institutional investor in Hong Kong.