Lombard Odier Investment Managers (LOIM) is rolling out a new European corporate bond offering, Financial Times reports. The Swiss asset manager will launch the 5Bs Bond Fund.
The new vehicle will specialize in triple or double B-rated paper. The fund will be based on a fundamentally weighted index created by LOIM, instead of a traditional benchmark that gives higher weightings to companies with more debt.
Click here for the story from Financial Times.