Anaxis Asset Management Launches Fixed-Maturity, Article 9 EM Corporate Bond Fund
19 JUN, 2024
By Jose Luis Palmer from RankiaPro Europe
Paris-based Anaxis Asset Management has introduced the EM Bond Opportunities 2028 fund, aiming to capitalize on the growth of emerging market (EM) corporate debt, the benefits of target-maturity investing, and high-level sustainability standards. This fund is part of Anaxis’s specialized range and is their third fund focusing on emerging market bonds.
Fund Overview
- Target Maturity: The fund invests in hard-currency bonds with a maturity no later than 31 December 2028.
- Sustainability: As an Article 9-compliant fund under the EU’s Sustainable Finance Disclosure Regulation (SFDR), the fund prioritizes investments in issuers that align with stringent sustainability criteria, particularly those aligning with the Paris Agreement on climate change.
- Fund History: Originally launched in 2015 as a Luxembourg-domiciled fund with a 2020 maturity, it was extended to 2024 and now to 2028.
- Management Team: The fund is managed by Pierre Giai-Levra, the Chief Investment Officer of Anaxis, and Thibault Destrés.
Investment Strategy
The EM Bond Opportunities 2028 fund is structured to leverage three key trends:
- Expansion of EM Corporate Debt: Emerging market corporate debt presents significant growth potential, offering attractive yields compared to developed markets.
- Target-Maturity Investing: This approach provides investors with a clear investment horizon and potential for predictable returns as bonds mature by a specific date.
- Sustainability: The fund's compliance with Article 9 ensures a strong focus on environmental, social, and governance (ESG) factors. It seeks to invest in companies that meet strict sustainability criteria, contributing to long-term environmental goals.
Market Position and Expectations
Anaxis’s EM Bond Opportunities 2028 fund aims to meet the growing demand for sustainable investment options while providing exposure to the lucrative emerging market corporate debt sector. The fund’s target-maturity structure appeals to investors looking for defined time horizons and risk management. Additionally, its adherence to Article 9 standards positions it favorably among socially responsible investment products.
This launch underscores Anaxis Asset Management’s commitment to innovation in sustainable finance and target-maturity investing, aligning their product offerings with global trends in responsible investment and emerging market growth.
