EG Capital Advisors has launched its emerging markets corporate high yield UCTIS.
The UCITS is a sub-fund of EG Capital Advisors Irish Collective Assessment-management Vehicle (ICAV), which is registered with the Bank of Ireland.
Investors will be able to access the EG Capital Advisor emerging markets corporate high yield strategy, which invests in US dollar-denominated emerging markets corporate high yield corporate bonds.
The fund has been structured to appeal to investors who are seeking to access the rapidly growing market.
Dimitry Griko, CIO at EG Capital Investors, said: “We believe that emerging markets corporate high yield is gaining the recognition it deserves among serious investors, and is increasingly accepted as an important element of a balanced investment portfolio.”
Griko, added: “Our approach recognises the potentially risky concentrations to certain countries and industries inherent in broader indices.”
Michael Kasumov, CEO at EG Capital Investors, commented: “Our strategy is unusual in taking a bottom up approach to uncovering value and portfolio construction. From its beginnings, it has delivered consistently strong risk-adjusted returns to investors. With the launch of our $75 million emerging markets corporate high yield UCITS, we can offer a broader global investor base the ability to invest in this strategy.”
