Switzerland’s Lombard Odier Investment Managers is seeking to roll out a new fundamentally weighted developed sovereign debt fund, Global Pensions reports. The move comes after an unnamed Swiss pension fund agreed to contribute $1.1 billion to the strategy.
The firm’s $2.8 billion in fundamentally weighted bond assets will be increased by approximately 50 percent through the allocation. The new fund is expected to be unveiled on December 1. The company’s existing fundamental developed sovereign debt fund has $277 million in assets.
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