Swiss private bank Union Bancaire Privée (UBP) has unveiled a new fixed income strategy, which aims to offer exposure to euro investment-grade markets.
The new vehicle, dubbed UBAM – High Grade Euro Income, will invest in interest rates and credit securities. It will incorporate a similar approach developed for high-yield propositions by the bank’s global and absolute return fixed income team.
Through the fund, the bank intends to optimise the risk/return profile of investors’ fixed income portfolios even during negative interest rates.
At present, the strategy can be availed by investors in Austria, Denmark, Finland, France, Germany, Italy, Luxembourg, the Netherlands, Norway, Sweden, Switzerland, and the UK.
UBP asset management co-CEO Nicolas Faller said: “Launching this new strategy enables us to expand our euro fixed-income offering further and meet growing client demand for innovative solutions that help them to manage their exposure to investment-grade credit markets.”