PGIM Investments launches EM Total Return Bond Ucits fund

PGIM Investments continues to expand its Ucits Emerging Markets Debt funds range with the launch of a total return fixed income fund. The PGIM Emerging Market Total Return Bond Fund aims to capture the team's best ideas across emerging market hard currency sovereign/quasi-sovereign, corporate and local bonds, currencies and volatility, the firm said in a note. The fund is managed by PGIM fixed income's Emerging Markets Debt (EMD) investment team, formed by 31 senior members, averaging 1...