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Forsyth fixes with global fund

Investment research company Forsyth Partners has entered the fund of funds fixed-interest market with a global bond fund.

The Dublin-based fund will have a strong emphasis on corporate bonds and emerging market bond funds.

It is the first fixed- interest fund to be included in Forsyth&#39s range.

The fund will have a narrow fund selection, aiming to initially consist of about 12 funds. Forsyth says it will not exceed 15 funds at any one time.

The portfolio will consist of 25 per cent sovereign debt, 45 per cent corporate or high-yield debt, 25 per cent emerging market debt and 5 per cent in alternative investments.

Minimum investment in £6,937 or $10,000. IFAs can determine their commission level up to a maximum of 5 per cent.

Managing director Ros-sen Djounov says: “The global fixed-interest market is extremely diverse and very attractive opportunities exist in many subsets of that market.

“Typically, global bond funds concentrate the bulk of their portfolios on sovereign and high credit quality instruments.

“The real opportunities are occurring elsewhere and we intend to have a strong emphasis in our portfolio on corporate and high-yielding debt instruments, emerging market bond funds and other alternatives.”

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