Société Générale Asset Management is launching SGAM Invest Bonds Recovery 2007, a fund aimed at sophisticated investors that seeks to take advantage of the attr
Société Générale Asset Management is launching SGAM Invest Bonds Recovery 2007, a fund aimed at sophisticated investors that seeks to take advantage of the attractive pricing levels on the European securitisation and credit markets.
SGAM Invest Bonds Recovery 2007 is a French-registered mutual fund with a minimum investment level of EUR1m. It looks to take advantage of the opportunities arising in the wake of the liquidity crisis in credit markets by focusing on the attractive pricing levels of securities and seeking to capture the liquidity premium.
The portfolio is mainly invested in securitisation vehicles, chiefly asset-backed securities issued in the eurozone, and bonds issued by European companies and banks. Supported by SGAM’s expertise in credit analysis, the management team pays particular attention to selecting securities with high credit quality that have strong upside potential.
Société Générale Asset Management is one of the world’s leading asset managers, with EUR393bn of assets under management at the end of June, including EUR74bn in alternative investments.
