Pictet Asset Management has introduced a new UCITS-compliant fixed income fund that exploits market volatility to offer higher returns to investors.
The new fund, dubbed Pictet Global Fixed Income Opportunities, offers exposure to developed and emerging markets and is diversified across rates, spreads and currencies.
The Luxembourg-domiciled vehicle aims to offer 6% to 8% returns over cash.
The fund will be run by the company’s head of global bonds, Andres Sanchez Balcazar, who will be supported by senior investment managers Sarah Hargreaves, David Bopp, and Thomas Hansen.
It is registered for distribution in Austria, Belgium, Cyprus, Finland, France, Germany, Great Britain, Greece, Italy, Liechtenstein, Luxembourg, Netherlands, Peru, Portugal, Singapore, Spain, Sweden and Switzerland.
“We take an approach to bond investing that is not tied to a fixed income benchmark. This way, we can look for attractive investment opportunities across the whole fixed income market to benefit from market volatility and relative value trades,” Balcazar noted.