L&G Unconstrained Bond Strategies
Expertise that endures, strategies that adapt.
Why Unconstrained Bond Strategies
In a market environment of uncertain interest rate change cycles, we think strategies that are nimble and quick to adapt can outperform their constrained, benchmarked counterparts.
Our unconstrained approach which is benchmark agnostic can help investors navigate this environment and capture a wider opportunity set.
Key features:
Truly unconstrained asset allocation
We aim to capture the upside opportunities while mitigating the downside in all market conditions.
Diversified sources of return
We seek returns from credit allocation and selection, active duration, and risk management.
Multi-dimensional risk management
Active duration management seeks to balance risk between credit and interest rates.
Global investment platform
We draw on our coverage of a wide range of markets to blend the best ideas into one fund.
A Glance at the Strategy Range
Our unconstrained strategies are designed to cater to investors’ ranging appetite for risk and return.
Below indicates the illustrative risk/return profile for part of the strategy range*:
*May vary depending on market conditions. On an aspirational basis rather than explicit target. Past performance is not a guide to the future. The value of investments and any income taken from it is not guaranteed and can go down as well as up, and the investor may get back less than the original amount invested. For illustrative purposes only. Subject to change at any point and cannot be relied upon.
Meet the Team
Colin Reedie
Head of Active Strategies
Matthew Rees
Lead Portfolio Manager
Head of Global Bond Strategies
+ 6 team members
Developed Market Investment Grade Credit
Government Bonds
Risk Management
Enda Mulry
Global Credit Portfolio Manager
Uday Patnaik
Head of Asia Fixed Income and Global Emerging Markets Debt
+ 7 team members
Emerging Market Debt
John Ryan
Head of High Yield
+12 team members
Global High Yield
Mike Russell
Portfolio Manager, US Securitised
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Key risks
The value of any investment and any income taken from it is not guaranteed and can go down as well as up, and investors may get back less than the amount originally invested.
Whilst we have incorporated ESG information into investment decision making and stewardship practices, there can be no assurance that any responsible investing goals will be met.