Axiom Alternative Investments has announced that is has expanded its range of credit funds to include emerging countries’ corporate debt.
The Axiom Emerging Markets Corporate Bonds fund invests in corporate bonds from emerging countries, with bonds denominated in hard currencies (including US Dollars and Euros).
Historically positioned in European financial bonds and equities, Axiom writes that it has gathered an experienced team in the fixed income segment to run the Axiom Emerging Markets Corporate Bonds fund.
The fund is managed by Romain Lacoste, previously a portfolio manager of emerging market corporate bonds at IVO Capital for over eight years. He is a graduate of ESSEC Business School and is also CFA charter holder.
Lacoste is supported by a three-person research team led by Roland Vigne, ex-Merrill Lynch and Nomura, and co-founder and a managing director until 2022 of IVO Capital Partners.
David Benamou, Chief Investment Officer of Axiom, says: “Axiom Emerging Markets Corporate Bonds offers our investors a new value-creating strategy at a timely moment in the US interest rate cycle. Since the fund launched, we have already seen the benefit of the in-depth knowledge and expertise of the asset class Romain and his team brings. We look forward to continuing to work with them over the months and years ahead.”
Romain Lacoste, portfolio manager of Axiom Emerging Markets Corporate Bonds, says:
“It’s been a fantastic process launching the fund, with a team based on long-standing collaboration and which has a local presence in emerging markets. Emerging market corporate bonds investors geographical and sector diversification compared in a way that those with a European high yield profile cannot, and we will continue to provide Axiom’s clients valuable insights in this area.”
