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 CSE or call 1-626-844-9400
Commingled Vehicle Available

Performance as of September 30, 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 June 30, 2017)
Benchmark: Custom Index*
Inception Date: 01 Jan 97

Sector Allocation as of June 30, 2017

Asia External Debt | Sector Allocation as of June 30, 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 June 30, 2017

Asia External Debt | Portfolio Characteristics as of June 30, 2017
Past performance is not indicative of future investment results, the value of any investment can fall as well as rise.
* 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.