Vontobel launches two emerging market debt funds

Wouter Van Overfelt to manage both

Switzerland-based Vontobel has rolled out two new emerging market debt funds in response to growing demand for the asset class from its clients.

The Vontobel Fund - Emerging Markets Investment Grade targets investment grade emerging market sovereign or corporate bonds with different maturities, in various hard currencies. The Vontobel Fund - Asian Bond primarily puts money into corporate bonds across Asia, of diverse qualities with different maturities and currencies. The new offerings will be managed by Wouter Van Overfelt, head of EM corporates. Both are Luxembourg domiciled and charge 0.55%.  The team aims to optimise the spread for a given risk level by comparing remuneration potential across issuer qualities, countries...