The London-based EFG Private Bank and Asia-Pacific hedge fund manager, Stratton Street, have recently launched a new fixed income portfolio, the New Capital Wealthy Nations Bond Fund. As an Irish domiciled UCITS fund, the portfolio invests in investment grade bonds sourced out of the the world's leading 'creditor' countries. A model portfolio set up of the new fund has a gross redemption yield of 8% with an average credit quality rating of A.
EFG provides fixed income input as well as risk and duration management. Stratton Street's Mark Johns and Andy Seaman manage the investment process.