Old Broad Street Research has award the Absolute Insight Emerging Market Debt fund an A rating.
Launched in February 2007, the £160m vehicle managed by Colm McDonagh invests across emerging market bonds and currencies. The top holding in the absolute return fund is currently in Turkish Government bonds at 3.9%. Explaining its decision to award the top rating, OBSR praised the "high quality" offering as unusual in the absolute return sector. The rating agency says: "The experienced portfolio manager, Colm McDonagh, has developed a process whic combines rigorous country-level analysis with relative and absolute value analysis to identify the most attractive investments in the b...
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