BB Global Macro

Successful fund strategy translates into exceptionally high stability

Bellevue Asset Management / BB Global Macro: Successful fund strategy translates into exceptionally high stability . Processed and transmitted by NASDAQ OMX Corporate Solutions. The issuer is solely responsible for the content of this announcement.

The volume of the BB Global Macro Fund from Bellevue Asset Management recently passed the 100 million euro threshold.

In today's complex investment world with a stuttering economy, uncertainty about the pending interest rate liftoff and sharp drops in commodities prices, multi-asset funds are an attractive solution. Today's ongoing environment of rock-bottom interest rates is forcing investors to intensify their search for investment solutions that offer positive returns with limited risk. This combination is exactly what BB Global Macro Fund (ISIN B-EUR LU0494761835) offers. BB Global Macro is a multi-asset fund that has consistently delivered good returns during the very divergent market phases of the past several years. Its invested assets recently passed the 100 million euro mark.

The pending demise of the long bull market in bonds poses major challenges to investors. According to Lucio Soso, the portfolio manager of the BB Global Macro Fund, bond yields will be flat for the foreseeable future and capital gains will become a relic of the past. However, investing exclusively in equities is an inherently high-risk strategy. Meanwhile classic, concentrated portfolios consisting of a mix of stocks and bonds are generally vulnerable to rising interest rates. BB Global Macro's management team provides a remedy here: Short-selling and a modest amount of leverage depending on the prevailing market environment are used to generate additional performance and enhance overall fund stability. "These investment tactics allow us to create a neutral portfolio that is rather conservative and very well balanced," adds fund manager Alexandrine Jaecklin.

Currently about 80% of the bond allocation is invested in government bonds, largely owing to the transparency of the Federal Reserve's monetary policy. This also serves to hedge the fund's equity exposure. Equity investments are concentrated in regions where quantitative easing is still under way, such as Europe and Japan. From a sector standpoint, the Fund is also invested in healthcare stocks and European banks.