Vontobel launches GBP share class of global credit fund

In response to investor demand

Vontobel Asset Management has launched a GBP share class of a global investment grade credit fund, providing UK investors access to the fund as it approaches its fifth anniversary.

The Vontobel Fund - Global Corporate Bond Mid Yield has grown to £430m assets under management since its launch in October 2015 and provides investors access to a "broadly diversified global corporate bond fund". Vontobel brings multi-asset fund to UK investors Investing in "high credit-quality issuers", the fund seeks to generate income over the long-term and utilises a global portfolio to provide diversification across the credit cycle. Christian Hantel, senior portfolio manager at Vontobel Asset Management, said: "Bonds from the same issuer, denominated in different currencies, ...