Invesco has launched a Belt and Road fixed income fund looking to capture investment opportunities from Chinese President Xi Jinping's 2013 initiative.
The Invesco Belt and Road Debt fund will invest primarily in US dollar-denominated sovereign, investment grade and high yield corporate bonds from issuers that directly or indirectly benefit from China's development strategy. Launched in 2013, the initiative was rolled out by China to promote the land and sea connectivity in Asia, Europe and Africa. The fund can invest up to 10% in equities from the Belt and Road region and has the ability to move to 30% cash in periods of higher risk. It will adopt a top-down and bottom-up investment approach with the ability to invest across the ...
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