PGIM launches EMD fund

Emerging Market Total Return Bond UCITS fund

PGIM Investments has continued to expand its UCITS platform with the launch of an emerging markets debt solutions product.

PGIM's Emerging Market Total Return Bond UCITS fund has launched with $25m in seed capital. The 'powerful factor' set to drive emerging market debt gains The main aim of the fund is to capture the 'best ideas' across emerging markets in areas such as corporate and local bonds, currencies, volatility sovereign and quasi-sovereign currencies.  It is managed by the fixed income emerging markets debt (EMD) investment team, which consists of 31 senior managers. The team manages around $37bn in assets.  Volatility: More than a spring squall? Kimberly LaPointe, head of PGIM investme...