Global Sovereign

Investment Objective

Exceed the benchmark return by 100 basis points annually over the course of a market cycle while approximating benchmark risk.

Investment Style

Construct a portfolio using all major global investment-grade fixed-income markets and currencies, with a bias towards government issues.

Investment Vehicles

Separate Account: Contact your Client Service Executive or call 1-626-844-9400
Commingled Vehicle Available

Performance as of December 31, 2017

Returns for periods greater than one year are annualized. Please see the Performance Disclosure for more information.

Snapshot

Strategy AUM: Total Global Sovereign Assets:
US$8.9 billion1 (as of December 31, 2017)
Benchmark: Citi World Government Bond Index (USD Unhedged)
Inception Date: 01 Jun 99

Sector Allocation as of December 31, 2017

Global Sovereign | Sector Allocation as of December 31, 2017
Note: Sector allocation includes look-through to any underlying commingled vehicles if held. All weightings are a percentage of total market value. A negative cash position may be reported, which is primarily due to the portfolio's unsettled trade activity. Data may not sum to 100% due to rounding.

Portfolio Characteristics as of December 31, 2017

Global Sovereign | Portfolio Characteristics as of December 31, 2017
IMPORTANT INFORMATION: All investments involve risk including loss of principal. Past performance is not indicative of future investment results. This information is only for use by professional clients, eligible counterparties or qualified investors. It is not aimed at, or for use by, retail clients.
1Includes Global Sovereign portfolios managed by the London office.
** Represented by Global Sovereign (USD Unhedged) Composite