FF Global Hybrids Bond - A high-yielding solution, encapsulating the full hybrid
Hybrids are one of the fastest growing assets in Fixed Income. Broadly, there are two types of Hybrids, those issued by financial companies and those issued by non-financial corporates. Hybrids feature the standard characteristics of bonds by paying out regular income under normal circumstances. However, Hybrids rank lower in the capital structure than regular bonds and, during times of stress, demonstrate equity-like characteristics by having greater ability to absorb losses. Kris Atkinson, Portfolio Manager for the FF Global Hybrids Bond Fund (launching on 21st September) and Amie Stow, Product Manager, will provide an overview of these securities, present a case for the asset class and introduce our approach to managing a ‘hybrid’ strategy.
RecordedSep 23 201520 mins
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In this webcast, Alexandra gives an update on fund performance, current positioning and her outlook for the second half of 2016. In the wake of the UK referendum, she will touch on the recent volatility we have witnessed in equity markets and where she is currently finding opportunities.
As ever, Alexandra looks for companies that are able to generate ‘growth from within’. She believes that growth driven by internal, rather than external, factors naturally allows companies to have greater agency over their future growth potential, and also provides a degree of insulation from broader market moves.
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Market volatility has picked up significantly amid heightened political risk. In this webcast Matt Siddle will outline his views on the market and discuss and how uncertainty is creating opportunities for the long-term investor.
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FF Global Income celebrated its 3 year anniversary in April. Managed by Peter Khan, this IG-rated global credit fund aims to deliver a high level of income whilst maintaining a positive total return over a full cycle.
Top-quartile performance over key time periods
Distribution yield of 4.4% – 5.1%
Total return of 7.12% (EUR Hedged) since launch
Low correlation to equities of 0.33
In this live webcast Peter will discuss his investment process, his strategy for the fund going forward and his current macro outlook
In this on-demand webcast, Dominic Griffin, Portfolio Manager of the FF American Diversified fund explains his investment philosophy and process, which focuses on quality companies at attractive valuations. Dominic typically invests in businesses that have a strong franchise, a shareholder-oriented management team and an attractive valuation.
this webcast Eugene Philalithis, co-manager of the FF Euro Balanced Fund, will give an update on how the balanced multi asset approach has provided strong long term performance over the years through investing in a mix of equities and fixed income. Eugene will outline the fund’s positioning and performance in the context of navigating the recent volatile market conditions and his positive stance in respect of European recovery.
So far this year European equity markets have been highly volatile and have experienced significant sector rotations. In this live webcast Anas Chakra will give an update on the performance of the fund and outlines his market outlook and how the portfolio is positioned.
In this regular quarterly update on Asian markets, Matthew Sutherland, Head of Product Management (Asia), points out that the pull back in equity markets coupled with a more risk-on sentiment has resulted in flows starrting to come back into the asset class. Fundamentally Asian economies have some strengths, especially relative to non-Asian emerging markets. Matthew explores the China situation in some depth, first examining the challenges facing the country before elucidating some of its perhaps less often discussed strengths. He concludes by highlighting a couple of interesting fund ideas from the Asian equity range.
Following recent volatility in credit markets, David Simner, portfolio manager for the European Investment Grade franchise, will discuss why he remains constructive on the asset class in 2016. In this live webcast he will remind viewers of his investment philosophy, how the portfolios have evolved through this volatility and current themes across the funds, paying particular attention to FF Euro Short Term Bond and FF Euro Corporate Bond. There will be the opportunity to ask Dave questions on any of the topics covered at the end of the webcast.
Kevin O’Nolan and Nick Peters, Fidelity International
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Michael Sayers and Martin Dropkin, Fidelity International
Fidelity International’s annual Analyst Survey covers all regions and sectors. It aims to identify changes in corporate conditions at an early stage and identify new trends and investment opportunities. The survey is based on Fidelity analysts’ in-depth coverage of their sectors and enriched by insights gained in numerous conversations with decision-makers at companies.
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Ian Spreadbury and Tim Foster, Fidelity International
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Angel will discuss how the recent market volatility has created significant dispersion in terms of valuations and presents investment opportunities at attractive valuations. He will highlight the areas where he is currently finding interesting investment opportunities.
Hear from our portfolio managers and senior investment professionals as they share their insight and analysis on current market developments in our webcast programme. Please email firstname.lastname@example.org to receive Fidelity email alerts including information on webcasts as well as all the latest news from Fidelity directly to your mailbox.