ING Investment Management Americas has launched the ING Global Bond Collective Trust Fund, targeting institutional investors, the company announced.
The strategy uses fundamental and quantitative analysis in seeking investment opportunities in more than 20 countries, according to an ING news release.
“I think there are two things we are trying to achieve: simplicity and availability,” Erica Evans, senior vice president and head of the U.S. institutional business at ING Investment Management, said in a telephone interview.
Ms. Evans said the fund provides global bond investing opportunities to smaller ERISA investors who might want smaller allocations.
The fund seeks to outperform the Barclays Capital Global Aggregate Bond index. Strategies include duration and yield curve, active currency management and broad sector rotation.
Michael Mata, senior portfolio manager for the global bond strategy, wrote in an e-mail response to questions that the U.S. bond market has enjoyed a considerably long trend of lower long-term interest rates with decreasing inflation.
“These trends may now be poised to reverse over time given Fed policy and the near-record low level of U.S. interest rates,” Mr. Mata wrote. “On top of this, the rapid growth and advancement of bond markets outside of the U.S. now also provide investors with more diversification than available previously across multiple countries, sectors and currencies and individual bonds.”