Citywire Selector - For Professional Investors

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

BlackRock hands EMD chief new short duration fund

BlackRock hands EMD chief new short duration fund

BlackRock has bolstered its fixed income remit with the launch of a short duration emerging market debt fund, the company has announced.

The BlackRock Emerging Markets Short Duration Bond fund will be led by Citywire + rated Sergio Trigo Paz, with Michal Katrencik and Michal Wozniak as co-managers.

With interest rates rising, the asset manager said duration risk is becoming a greater consideration for investors in fixed income.

The combination of short duration bonds and emerging markets is set to provide investors with higher yields, while helping to provide some downside protection from steady interest rate increases.

Commenting on the launch, Trigo Paz, head of BlackRock's emerging markets fixed income team, said: 'Historically seen as an opportunistic asset class, emerging market debt is increasingly being used by investors as a long-term strategic allocation due to improving fundamentals and strong diversification benefits.

‘This fund is a great addition to the range we have built, to help investors achieve greater income potential and diversification from a higher-yielding asset class.’

This launch is the latest in a string of new products which aim to tap into the short duration market.

Fidelity recently revamped Rick Patel’s Global High-Grade Income fund, due to the increasing demand for short duration products, whilst AXA IM unveiled a global short duration bond back in September.

Leave a comment!

Please sign in or register to comment. It is free to register and only takes a minute or two.
Events
  • Citywire Luxembourg Forum

    Citywire Luxembourg Forum

  • Citywire DACH 2017

    Citywire DACH 2017

  • Citywire Italy 2017

    Citywire Italy 2017

  • Citywire Berlin 2017

    Citywire Berlin 2017

  • Citywire Miami 2017

    Citywire Miami 2017

  • Citywire Professional Buyer

    Citywire Professional Buyer

  • Citywire Madrid 2017

    Citywire Madrid 2017

  • Citywire Switzerland Retreat 2017

    Citywire Switzerland Retreat 2017

  • Citywire Amsterdam 2017

    Citywire Amsterdam 2017

  • Citywire Frankfurt 2017

    Citywire Frankfurt 2017

  • Citywire Alternative Ucits Retreat 2017

    Citywire Alternative Ucits Retreat 2017

  • Citywire Paris 2017

    Citywire Paris 2017

  • Citywire Milan 2017

    Citywire Milan 2017

  • Citywire Deutschland 2017

    Citywire Deutschland 2017

  • Citywire DACH 2017

    Citywire DACH 2017

  • Citywire Italy 2016

    Citywire Italy 2016

  • Citywire Milan 2016

    Citywire Milan 2016

  • Citywire Alt Ucits 2016

    Citywire Alt Ucits 2016