New global fixed-income fund targets Aussie managers


Edinburgh-based fixed-income manager, Cameron Hume, has announced the launch of its new fund, the Global Fixed Income Environmental, Social and Governance (ESG) fund, which will target institutional investors, discretionary fund managers and wealth managers in developed markets across Europe and in Australia.
The actively managed fund would offer exposure to a globally diversified portfolio of up to 400 fixed-income securities from issuers who would be able to demonstrate higher average ESG ratings.
It would also aim to outperform the Bloomberg Barclays Global Aggregate Index while excluding issuers involved in the production of controversial weapons or countries that were subject to United Nations, European Union or United States sanctions.
According to Cameron’s co-founder and chief investment officer, Guy Cameron, his fund would take a “returns-based” rather than a “value-based” approach, hoping to better manage ESG exposure for their fixed-income allocation.
“By using CaTo [Cameron Hume Tools] we are able to value individual corporate bonds within industry sectors and use third-party ESG ratings to evaluate the potential quality of over 3,000 investment-grade and high-yield bonds,” he said.
Recommended for you
Fund managers may be operating in a squeezed environment, but a salary guide shows they are willing to pay up for specialist talent to diversify their fund range.
Reach Alternative Investments has entered into a strategic partnership with Russell Investments to bolster its wholesale private markets offering for financial advisers and investors.
Boutique investment consulting and research house Genium Investment Partners has announced a senior appointment to drive further growth in its research ratings business.
Nuveen has appointed a global head of estate, a successor to Chris McGibbon who steps down after almost 25 years.