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Asset classes

Sovereign Debt

Providing innovative long-only and absolute return approaches, from UK gilts to global fixed income macro.

  • Sovereign debt strategies across the risk-return spectrum

  • Stable, highly experienced team of 21 sovereign debt specialists

  • Ability to widen opportunity set to include other fixed income assets

  • Strong focus on risk management.

 Meticulous research and a detailed understanding of market dynamics form the foundations of our investment approach.

 

Innovation and continuity

Over the years we have built a reputation among institutional investors for developing innovative and practical sovereign debt strategies. One of the driving forces behind this innovation is Shahid Ikram, who heads our Sovereign and Absolute Returns Team.

Many clients appreciate the role that continuity plays in achieving investment success, particularly when it comes to people and processes. 


Shahid has worked with us for more than 20 years, and has built up a highly experienced team currently comprising of 21 specialists with an average 14 years investment experience.

Our sovereign debt strategies cover the risk/return spectrum, from long-only approaches to strategies that aim to capture pure alpha. 

Strong analytical focus

We use quantitative and qualitative research to identify investment themes in which we have a high conviction. Our proprietary quantitative modelling techniques are among the most advanced in the industry.

Diversified return sources

Our structured and repeatable investment process enables us to identify investment opportunities with attractive risk/reward ratios. We aim to generate outperformance from a highly diversified range of sources.

Fixed Income Relative Value Targeting equity-like returns with lower variability 

Raphaelle Moysan, Fixed Income Client Portfolio Manager: "In reviewing the 2012 performance of their absolute return portfolios, many investors feel they were too conservatively positioned and did not appropriately capture the enviable upside in risk assets last year. For 2013, investors want equity-like returns, but with lower variability."

 

Data as at 30 September 2011.