Threadneedle Investments has signed a distribution partnership with Singapore's DBS Bank which will give the bank's clients access to one of the firm's emerging market debt funds.
The Threadneedle (Lux) Emerging Market Short-Term Bonds fund is now available to all DBS and POSB retail clients via the bank's investment platforms.
The fund, which is managed by Henry Stipp, invests at least two-thirds of its assets in bonds issued by companies and governments in emerging markets with an average duration of ﬁve years or less.
It is available in two share classes, the AU share class (USD Accumulating) and ASC share class (SGD-hedged Distributing - Monthly) since 25 January 2013.
As of December 2012, Threadneedle Investments managed $127.8 billion of assets globally. The firm's emerging market debt team is made up of eight professionals who manage a total of $2.75 billion in emerging market debt assets.