London-based investment firm Emso Asset Management has received green light from Luxembourg financial regulator CSSF for the registration of the Emso Emerging Markets Absolute Return Debt Fund at the end of May 2017, InvestmentEurope has learned.
CSSF’s approval will enable Emso Asset Management to distribute the fund, that targets institutional investors, in Luxembourg.
The strategy, a sub-fund of the firm’s Dublin-domiciled Emso Clover Plc, is co-managed by John Hynes and Emso’s founder-chief investment officer Mark Franklin.
It seeks to generate capital growth and achieve absolute return with low volatility through long and short exposure to emerging markets fixed income securities.
The investment process of the manager considers the political, legal, technical, and economic risk factors of each investment opportunity.
Emso Asset Management was established in 2000 and has also offices in New York.