HSBC launches short duration high yield fund for Bowers

Anna Fedorova
clock

HSBC Global Asset Management has launched the GIF Global Short Duration High Yield Bond fund for recent hire Mary Bowers.

The new fund is domiciled in Luxembourg and UCITS compliant, investing at least 90% in bonds denominated or hedged into US dollars. Bowers joined from Artio Global Investors, a subsidiary of Aberdeen Asset Management, earlier this month. She has taken the role of high yield specialist and is also managing the $1.1bn GIF Global High Yield Bond and the $20m GIF Global Short Duration HY Bond funds. The new portfolio will hold 70-100 high yield US and European corporate issues, with final maturity or expected call dates within three years and an average rating of BB or BBB. The benc...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Bonds

Almost all investors and wealth managers plan to increase high yield focus in next two years

Almost all investors and wealth managers plan to increase high yield focus in next two years

Stock market correction expected

Sorin Dojan
clock 07 July 2025 • 1 min read
Global ESG backlash has not eroded demand for UK green bonds

Global ESG backlash has not eroded demand for UK green bonds

This year's auctions oversubscribed

Sorin Dojan
clock 03 July 2025 • 4 min read
Federated Hermes launches Global Short Duration Bond fund just as asset class booms

Federated Hermes launches Global Short Duration Bond fund just as asset class booms

Responding to ‘increased investor demand’

Eve Maddock-Jones
clock 25 June 2025 • 2 min read
Trustpilot