Emerging Markets Hard Currency Sovereign Debt

Mandate Profile:

  • Client Type: German Corporate
  • Initial Investment Volume: 200 m. EUR
  • Investment Universe: Emerging Markets Hard Currency Sovereign and Quasi-Sovereign Bonds; Off-Benchmark-exposure of up to 20% is permitted including opportunistic investments (e.g. small allocations to other EMD asset classes like EM Local Currency Sovereign Bonds or EM Hard Currency Corporate Debt)
  • Benchmark: e.g. JPM EMBI Global Diversified Index
  • Tracking Error: target of 1.0 – 5.0% p.a. net
  • Currency Hedging: unhedged
  • Derivatives: allowed
  • Investment Style: active, long-only
  • Investment Vehicle: segregated account (German “Spezialfonds”)

Deadline: Friday, November 13th, 2020 (COB)