GAM unveils Dynamic Global Bond fund

GAM has launched a global bond fund for managers Tim Haywood and Daniel Sheard aiming to deliver between 5% and 10% per annum for investors through a wide spectrum of fixed income securities.

The GAM Star Dynamic Global Bond fund, domiciled in Dublin, will use a top-down approach to generate returns, investing in core G13 government bonds, as well as investment grade, emerging market, high yield and convertibles. The managers will also invest in currencies, interest rates and inflation hedges to diversify risk. The fund will be unconstrained in its approach, seeking to use flexibility to maximise returns, and will also use credit derivatives to smooth volatility. The portfolio will typically hold between 50% and 100% in government bonds, with up to 40% in investment grade,...