Investo Fixed Income and Bonds AMCs
The investment objective of the Investo Fixed Income and Bonds Strategy is to provide steady high-quality returns by investing into different credit portfolios, including but not limited to, niche investment ideas into different credit strategies worldwide, emerging market corporate bonds, emerging market governments and government agencies, emerging market corporate debt, profit participation loans and trade financing.
Historically steady returns and low correlation to the other major asset classes;
Best-in-class and unique opportunities in the fixed income sector;
The strategy is easily accessible through a liquid product (Actively Managed Certificate) with Swiss counter-parties and ISIN code.
OUR PRINCIPLES FOR PORTFOLIO ALLOCATION
Investing into strategies with low or negative historical correlation to traditional markets with high and steady returns
The investment objective of the AMC is to achieve long-term capital growth by investing across the fixed income asset spectrum, inclusive of investment-grade and high-yield credit, convertible bonds, securitized assets including mortgage- and asset-backed securities, and developed and emerging market sovereign debt, seeking total return including a high level of current income. To help achieve this objective, the strategy combines a top-down macroeconomic assessment to determine optimal beta positioning for the portfolio, with rigorous bottomup fundamental analysis and active currency management.
The portfolio is composed of the ideas in their niches and fields and diversified by strategy, sector, geography and instruments.
Impact investing/sustainable projects
A large portion of portfolio is typically dedicated to impact investing, such as special medical care, restoration of historical business, development of infrastructure projects in developing countries, etc.
Strict Risk Management procedure with ‘no-go’ items on which no compromises are done.
A frame of more than 10 rules checked live:
- Net and Gross exposure per position, per sub exposure and for the overall portfolio.
- Numbers of assets/ deals in total.
- Geographical and Asset exposures.
- Behavior and volatility of strategy.
- Stress tests given different extreme scenarios.
- Stop losses per sub-fund and for the overall portfolio.
- Monthly volatility of each sub-fund and for the portfolio.
- Counterparty risk checks.
- Strategy drift check.
- Yearly on-site visit.