TwentyFour announces launch of new Global Unconstrained Bond fund

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Specialist fixed income fund manager TwentyFour Asset Management LLP can announce they have launched a Global Unconstrained Bond fund, a sub-fund of the Vontobel Fund, which will be managed by the same team as the award winning Dynamic Bond Fund. 

The Fund will sit in the IA’s Global Bond sector and will aim to provide an attractive level of income along with an opportunity for capital growth by investing in a broad range of bonds and fixed income assets. The Fund will be highly focused on relative value from sectors around the globe and be managed independently from any indices.

The launch of the Global Unconstrained Bond fund follows TwentyFour’s decision to restrict inflows into the Dynamic Bond Fund (currently c. £1.4bn). Whilst the new Fund will have the same investment objectives and be managed using an identical investment process to Dynamic, Global Unconstrained Bond will have a greater number of stocks, a wider investment universe and therefore greater overall capacity.

Chief Executive Mark Holman commented, “This is another important milestone for TwentyFour. We have a strong track record in delivering attractive returns in our unconstrained mandates and since restricting inflows into our flagship Dynamic Bond Fund at the beginning of the year, we have received a number of requests to launch a strategic fund with global reach. This new Fund aims to provide investors the opportunity to access a genuinely unconstrained bond fund, which is actively managed from the top down as well as the bottom up.”

Global Unconstrained Bond fund launched today (30th November 2015) with over £150 million already invested. The Fund has launched from the Vontobel Luxembourg SICAV platform with GBP, USD, CHF and EUR share classes available.

For further information please contact:

John Magrath
Partner, Head of Distribution
TwentyFour Asset Management
Tel: 020 7015 8912 

About TwentyFour Asset Management

TwentyFour Asset Management is an independent fixed income specialist based in the City of London. Founded in 2008 by a group of leading fixed-income professionals, we offer highly transparent products that benefit from a rigorous detail-oriented investment approach, in order to achieve superior risk-adjusted returns whilst retaining a strong focus on capital preservation.

We offer a range of specialist fixed-income funds and services to suit the different requirements of our investors, both institutional and wholesale/retail; from public investment funds through bespoke portfolio management to investment advice and ancillary services. We bring the same commitment to transparency and attention to detail and the full depth of our experience to all of the funds and services that we provide.

As at 30th October 2015, TwentyFour’s total assets under management were £5.0bn.

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