Register to get unlimited access to Citywire’s fund manager database. Registration is free and only takes a minute.

Nordea 1 Emerging Market Bond Opportunities BP USD

Ranked 134 out of 303 in - Emerging Markets Global Hard Currency over 12 months
All calculations are in USD unless stated

Managed by

David Bessey

David Bessey is managing director and head of Prudential Fixed Income’s Emerging Markets team, investing in emerging market debt denominated in both $US and local currencies. Alongside co-manager Cathy Hepworth, he successfully manages the WIP Emerging Markets Fixed Income Fund. Bessey also specializes in the utility and sovereign sectors for the high yield team. From 1994 to 1999, Bessey was a senior portfolio manager for emerging markets portfolios and $US investment grade assets. Previously, he developed asset allocation strategies for insurance portfolios and managed Prudential Financial’s long-term funding book. Prior to joining Prudential Financial in 1989, Bessey was a project manager on various engineering projects in the United States, Asia, and Latin America. Bessey received a B.S. in geological engineering from Cornell University and an MBA in finance from the Sloan School at the Massachusetts Institute of Technology.

Cathy Hepworth

Cathy Hepworth attended Georgetown University in 1984 and New York University in 1993 where she obtained a BSc in Foreign Science and an MBA in Finance respectively. She began her career as an analyst at Golembe Associates in 1984, and later joined Merrill Lynch in 1986 and Bankers Trust in 1986 working as an associate. She joined Oppenheim Pramerica in 1989 and currently co-manages (with David Bessey) the Wip Emerging Markets Fixed Income Fund. Outside of fund management, Cathy enjoys running.

Objective

This Sub-fund shall invest a minimum of two-thirds of its total assets (after deduction of cash) in fixed-income and floating rate debt securities issued by public authorities and private borrowers, which are domiciled or exercise the predominant part of their economic activity in an Emerging Market country. The fund will invest in bonds denominated in local currencies as well as in bonds denominated in hard currencies such as USD and Euro.

Showing fund performance globally. You can view performance in individual jurisdictions.

Performance

Emerging Markets Global Hard Currency over : 30/04/2016 - 30/04/2017
  • Rank 134/303 Total Return
  • Rank 269/303 Standard Deviation
  • Rank 256/303 Max Drawdown

Total Return

Quarterly Performance

to 31/03/2017 Annual Q1 Q2 Q3 Q4
2017 6.4%
2016 10.3% 7.5% 4.1% 4.4% -5.6%
2015 -7.9% -1.0% -0.9% -6.6% 0.6%
2014 0.7% 3.5% 5.0% -3.5% -4.0%
2013 -8.8% -0.9% -7.9% 0.6% -0.7%
2012 3.6%

Month by Month Performance

Returns Vs Risk

Registered For Sale In

  1. Austria
  2. Denmark
  3. Estonia
  4. Finland
  5. France
  6. Germany
  7. Italy
  8. Latvia
  9. Lithuania
  10. Luxembourg
  11. Netherlands
  12. Norway
  13. Spain
  14. Sweden
  15. Switzerland
  16. United Kingdom

Fund Info

  • Launch date03/09/2012
  • Share Class size01Mn
  • Base currencyUSD
  • ISIN LU0772920129

Purchase Info

  • Min. initial investment0
  • Min. regular additional investment0

Charges

  • Annual management1.20%

Related News

Don’t write-off oil exporting EMs yet, says Pramerica’s Hepworth

The sudden drop in oil price will present winners and losers but not always in obvious places, says the Citywire + rated manager.

Performance is for the period shown (month end to month end, bid/bid, gross income reinvested, calculated in the currency and currencies indicated).