Asia External Debt

Investment Objective

Exceed the benchmark by 100 to150 basis points annually over the course of a market cycle while approximating benchmark risk.

Investment Style

Construct a diversified portfolio of Asian sovereign, quasi-sovereign and corporate issuers denominated in US Dollars. Value is added through sector allocation, country allocation / duration, sub-sector and issue selection, yield curve positioning and currency. Portfolio risk is controlled through broad diversification across strategies, active risk budgeting and scenario analysis.

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.


Strategy AUM: Total Asia External Debt Assets:
US$1.7 billion (as of December 31, 2017)
Benchmark: Custom Index*
Inception Date: 01 Jan 97

Sector Allocation as of December 31, 2017

Asia External Debt | 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

Asia External Debt | 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.
* The current benchmark is a blended asset-weighted average of the performance results of all the benchmarks in the composite.Please see Performance Disclosure for breakdown of benchmark.