Mirabaud Asset Management announced the launch of a five-year fixed maturity bond strategy to take advantage of attractive yields from global lending.
With global bond yields at levels not seen since 2008, Mirabeau said the Mirabaud DM 2029 Fixed Fund is designed for European investors to get ahead of expected rate cuts by locking in higher yields now.
The fund, designed to mature until December 2029, will have a globally diversified portfolio focused on investment-grade bonds from developed markets with a focus on high-yield bonds where interesting opportunities exist for enhanced return potential.