The fund will be benchmarked against the Barclays Emerging Markets Government Inflation-Linked Bond Index ex-Argentina and Columbia. Co-fund manager, Alessandro Ghidini (pictured) said that performance of emerging market economies had been remarkable. “Fixed income assets have generated cumulative total returns of 20 to 40 per cent since summer 2007,” said Ghidini, adding that today many emerging market assets look more attractive than ever. To protect themselves against rising prices fuelled by inflation whilst also benefiting from currency appreciation, co-fund manager Bernhard Urech said that one interesting way for investors was “to buy protection via local inflation-linked government bonds”. The new fund is a sub-fund of the Julius Baer Multibond, a Lux-domiciled SICAV.