View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. News
February 10, 2014updated 04 Apr 2017 2:31pm

Union Investment unveils new global convertibles sustainable fund

Germany-based Union Investment has unveiled a Luxemburg-domiciled global convertible bond fund for institutional investors.

By Verdict Staff

Germany-based Union Investment has unveiled a Luxemburg-domiciled global convertible bond fund for institutional investors.

Free Report
img

How attractive are current investment opportunities in Europe?

Europe has been identified as one of the most favorable regions for investors, seeing high investment activity in the past year. Most of these investments have been through Debt Offering, valued at close to $700 billion. The region has provided attractive investments in a diverse set of companies. Companies who tend to major themes such Digital Media, Cloud, Artificial Intelligence, E-commerce, and Big Data are recording the highest number of deals, with Digital Media recording close to 2,000 deals. However, GlobalData’s whitepaper offers a full view of the market, analyzing less successful or attractive points of investment as well, examining statistics on Equity Offering investments and PE/VC deals. Understand how government agencies for economies around the world use GlobalData Explorer to:  
  • Track the M&A and Capital Raising volumes into their target market
  • Identify the top sectors in the target market attracting the investments
  • For any investment segment, identify the top Investors inside and outside the target economy that are already investing in the Segment
  • Assess and showcase the growth potential for various Industries in the target economy
Don’t miss out on key market insights that can help optimize your next investment – read the report now.
by GlobalData
Enter your details here to receive your free Report.

The new UniInstitutional Global Convertibles Sustainable will allow investors to benefit from equity market performance at a lower level of downside risk.

The fund, which seeks exposure to upside equity risk in line with ethical, social and eco-friendly criteria, will also offer exposure in high yield convertible bonds in order to the increase the earnings potential of the portfolio.

The fund will be managed by Sven Hölzer and will invest in convertibles as well as warrant-linked bonds, fixed and floating rate paper, money market instruments and derivatives.

Additionally, the fund will invest in companies that meet defined sustainability criteria including International Labour Organization standards, and do not violate any human rights.

However, investments which are not denominated in euro will largely be hedged against currency risk.

Hölzer, fund manager, said: "The corporate-bond characteristics of convertibles provide investors with consistent income in the form of coupon payments, as well as a fixed minimum redemption amount. At the same time, the embedded equity call options offer unlimited participation in equity returns. This makes it possible to generate equity-like earnings with less downside risk."

Free Report
img

How attractive are current investment opportunities in Europe?

Europe has been identified as one of the most favorable regions for investors, seeing high investment activity in the past year. Most of these investments have been through Debt Offering, valued at close to $700 billion. The region has provided attractive investments in a diverse set of companies. Companies who tend to major themes such Digital Media, Cloud, Artificial Intelligence, E-commerce, and Big Data are recording the highest number of deals, with Digital Media recording close to 2,000 deals. However, GlobalData’s whitepaper offers a full view of the market, analyzing less successful or attractive points of investment as well, examining statistics on Equity Offering investments and PE/VC deals. Understand how government agencies for economies around the world use GlobalData Explorer to:  
  • Track the M&A and Capital Raising volumes into their target market
  • Identify the top sectors in the target market attracting the investments
  • For any investment segment, identify the top Investors inside and outside the target economy that are already investing in the Segment
  • Assess and showcase the growth potential for various Industries in the target economy
Don’t miss out on key market insights that can help optimize your next investment – read the report now.
by GlobalData
Enter your details here to receive your free Report.

NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. A weekly roundup of the latest news and analysis, sent every Wednesday. The industry's most comprehensive news and information delivered every month.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU

Thank you for subscribing to Private Banker International