BNP Paribas Investment Partners (BNPPIP) has launched the BNP Paribas Asset Management Core Plus Fixed Income Fund, Money Management reports. The fund, which targets superannuation funds and insurance companies, will be available to retail investors via separately managed accounts.
The new fixed income fund, which will invest in Australian fixed income securities, will be managed by an in-house team led by Doyle Mallett. The global allocation of the fund will be managed by New York-based specialist single and multi-currency fixed income investor Fischer Francis Trees & Watts.
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