BMO Global Asset Management has strengthened its absolute return range with a global bond offering, launched in response to increase demand from investors.
The firm has launched the Global Absolute Return Bond fund for its London-based fixed income team, to be co-managed by Keith Patton and Ian Robinson. Strategic decisions across each of the underlying strategies will be delegated to experts in global credit, currency, rates and risk management. The product aims to offer a solution to investors looking for attractive levels of return in a low-yield environment, and is in addition to BMO's existing Total Return Fixed Income and Sterling Credits Absolute Return strategies. BMO GAM expands absolute return range with long/short fund T...
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