TT International (TT), an alpha-driven specialist investment manager, has launched two new Emerging Market Debt (EM Debt) strategies, which will be managed by a team led by Jean-Charles (JC) Sambor, using the same contrarian approach the team has successfully employed over the last eight years.
The new EM Debt offerings, which are designed to provide solutions to different client requirements, comprise the TT EM Debt Strategy, a long-biased “go-anywhere” offering with a blended benchmark (50% JPMorgan EMBI Global Diversified Index/50% JP Morgan Government Bond–Emerging Market Index), and the TT EM Hard Currency Debt Strategy (JPMorgan EMBI Global Diversified Index).
TT will also launch a hedge fund (no benchmark, 10%+ targeted returns) in early 2025.
The strategies are focused on producing alpha with a low correlation to risk assets. All have significant overlaps in their universes and apply innovative research techniques that go beyond standard fundamental analysis to generate differentiated alpha. The team targets mis-pricing opportunities across four sub-asset classes: sovereign credit; corporate credit; FX; and rates. They employ a high-conviction, contrarian, non-regional, benchmark-aware approach that separates alpha from beta. Further information about the strategies can be found on TT’s website.
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