Fixed Income

Total Return Management

In an environment of particularly low interest rates, total return funds aim to offer a solution to the search for yield.

Both diversified and opportunistic, total return bond funds actively seek out decorrelation. In the face of market uncertainty, they offer investors an alternative to more traditional management approaches.

Multi-class

Diversification

Global Geographical Coverage

Multiple fixed-income asset classes,
including government
and corporate bonds
…

Sources of diversification: equities, currencies and more

Global geographical coverage of developed and emerging markets

Lock-up

Arbitrage

Maturity & volatility

Securities can be kept in the portfolio until they mature

The manager may conduct arbitrage transactions if a security's default risk increases

The closer the maturity date, the lower the volatility

Fixed-Term Fund Management

With its long-standing expertise in the domain, La Française Group offers pioneering fixed-term fund management solutions.

By holding on to the bonds in the portfolio until their common maturity, fixed-term funds provide opportunities for diversified investment on the markets for bonds—both government and corporate—while limiting exposure to volatility, which diminishes as the maturity of the securities approaches.

Theme-Based

La Française teams draw on the variety offered on the bond markets to apply promising themes to their high-conviction management approaches.

From subordinated debt to inflation-linked bonds, convertible bonds, hedging against interest rate hikes, etc.  Many options are available to help investors achieve diversification and increase potential returns.

Conviction

Asset classes

Strategies

High-conviction management aiming to opportunistically seize market trends

A distinctive approach to asset classes

E.g.
Niches such as subordinated debt

Differentiation strategies

E.g.
an “fixed-maturity” approach to convertible bonds