{"id":34081,"date":"2014-04-17T11:48:12","date_gmt":"2014-04-17T09:48:12","guid":{"rendered":"http:\/\/beta.next-finance.net\/innovation\/launch-of-natixis-short-term-global-high-income\/"},"modified":"2014-04-17T11:48:12","modified_gmt":"2014-04-17T09:48:12","slug":"launch-of-natixis-short-term-global-high-income","status":"publish","type":"post","link":"http:\/\/beta.next-finance.net\/en\/innovation\/launch-of-natixis-short-term-global-high-income\/","title":{"rendered":"Launch of Natixis Short Term Global High Income"},"content":{"rendered":"

Invested in High Yield[[High Yield \u2013 Rating below BBB- (Standard & Poor’s Ratings Services), Baa3 (Moody’s Investors Service, Inc.) or equivalent for Fitch ratings.]] rated credit bonds[[Bonds are also a form of debt.]] whose issuers are domiciled in the OECD
\ncountries and with an average duration of less than two years, Natixis Short Term
\nGlobal High Income Fund implements a non-benchmarked active management
\nstrategy aimed at delivering superior performance and portfolio diversification over
\na minimum recommended investment horizon of three years.<\/strong> <\/em><\/p>\n

Sub-fund of the UCITS under Luxembourg law, Natixis International Funds (Lux) I[[Set up in 2013.]], Natixis
\nShort Term Global High Income Fund is aimed at all investors, both professional and nonprofessional.<\/p>\n

Short Term High Yield bonds: an attractive asset class<\/strong><\/p>\n

Short term High Yield bonds are particularly attractive in the current environment:
\n– Historically they have proven less sensitive to interest rate rises and will be less volatile
\nthan the credit market as a whole[[The figures mentioned are from previous years. Past performance is not a reliable indicator of future performance.]];
\n– They respond to the demand from clients subject to Solvency II, notably insurance
\ncompanies, who are seeking investments with a limited cost of capital;
\n– Over the long term, they offer lower volatility than High Yield across all maturities.<\/p>\n

An innovative active management strategy focused on bond selection<\/strong><\/p>\n

Natixis Short Term Global High Income Fund benefits from a non-benchmarked active
\nmanagement strategy without sector allocation combined with a 100% bottom up[[An investment process in which the micro aspects are generally more important than the macro factors (“top down”), i.e. in which each investment is made based on
\nthe intrinsic qualities of a particular issuer.]] approach.
\nTo deploy this strategy, the fund managers are supported by the expertise of the Natixis
\nAsset Management credit research team comprising 17 analysts based in Paris, London and
\nDes Moines (USA), headed by Sanda Molotcov, CFA. The research team focuses on identifying
\nthe issuers with the most robust fundamentals and offering the most compelling risk-reward.
\nThey pay particular attention to liquidity, solvency and the structure of the debt, together with
\nthe business models of the issuers. This bond selection process is thus at the heart of the
\nfund\u2019s alpha generation.<\/p>\n

Optimum level of portfolio diversification<\/strong><\/p>\n

In addition to this bottom up[[An investment process in which the micro aspects are generally more important than the macro factors (“top down”), i.e. in which each investment is made based on
\nthe intrinsic qualities of a particular issuer.]] selection process, the co-fund managers Nolwenn Le Roux, CFA,
\nand Vincent Marioni, SFAF, have established internal guidelines on the maximum number of
\nholdings by sector and by issuer to ensure an optimum level of portfolio diversification. The
\nportfolio of Natixis Short Term Global High Income Fund thus holds 90 international issues as
\nof April 16, 2014.<\/p>\n","protected":false},"excerpt":{"rendered":"

Launch of Natixis Short Term Global High Income
\nFund to take advantage of the attractive yield
\noffered by short-term High Yield bonds<\/p>\n","protected":false},"author":20,"featured_media":34079,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1471],"tags":[1655,1856,1436,1651,1437,1691,1692,1952,1678],"_links":{"self":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/posts\/34081"}],"collection":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/users\/20"}],"replies":[{"embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/comments?post=34081"}],"version-history":[{"count":0,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/posts\/34081\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/media\/34079"}],"wp:attachment":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/media?parent=34081"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/categories?post=34081"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/tags?post=34081"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}