Kames Capital, a part of the Aegon Group of companies, has forayed into the Spanish fund market by launching two fixed income funds.
The two funds, High Yield Global Bond Fund and Strategic Global Bond Fund, are now been fully registered with the Spanish regulator, CNMV.
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The two funds which are domiciled in Dublin were first launched in 2007. The 306 million Kames High Yield Bond Fund is managed by Phil Milburn and Claire McGuckin, while the Kames Strategic Global Bond Fund is managed by David Roberts and Phil Milburn.
According to International Adviser, Kames Capital will offer Spanish investors access to its funds through Allfunds investment platform.
Kames said the move is part of its ongoing strategy to expand its presence in Europe, adding that it now has a growing presence in Austria, Channel Islands, Germany, Ireland, Luxembourg, Malta, the Netherlands and Switzerland.
Steve Kenny, Kames Capital’s head of retail distribution, said: "This provides Kames Capital with a fantastic opportunity to create a firm foothold in this market whilst providing investors with access to two of our leading fixed income products."
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By GlobalDataMeanwhile, Kames has also hired Laurenne Chapman as business development manager to spearhead the the firm’s push into the Austrian and German markets.
