German asset manager Metzler has announced the launch of its Metzler Sovereign Select mutual fund, offering institutional investors access to developed market sovereign bonds.
The fund, which will launch on Monday, 17 August, will initially be available for distribution in Germany, with plans to extend distribution to Austria, Luxembourg, France, Spain and Switzerland.
The fund aims to offer an unconstrained investment approach, focussing on countries with a relatively low risk profile. It will be managed by Uwe Sundermeier, senior portfolio manager Asset Allocation & Fixed Income.
The launch of the Metzler Sovereign Select Fund expanding on Metzler’s existing Sovereign Select Spezialfonds range.