Frontier Markets Local Debt

Mandate Profile:

  • Client Type: German Pension Fund
  • Initial Investment Volume: 75 – 100 m. EUR
  • Investment Universe: Global Frontier Markets Bonds (Local Currency Sovereigns, Quasi-Sovereigns (SOEs), Supranationals), IR-Swaps, Futures, CDS (Single Name and Index), Rates, FX
  • Investment Restrictions: Minimum Rating at least B-; VAG requirements are mandatory, forced selling due to rating downgrades should be avoided.
  • Benchmark: e.g. JPM GBI-EM Global Diversified
  • Tracking Error: not restricted
  • Derivatives: allowed
  • Investment Style: active, long-only
  • Investment Vehicle: segregated account (German “Spezialfonds”) preferred, Mutual Fund eligible

Deadline: Friday, April 17th, 2020 (COB)