Quantcast
The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:American Beacon Unveils an Unconstrained Bond Fund Not Rated 0.0 Email Routing List Email & Route  Print Print
Monday, July 11, 2011

American Beacon Unveils an Unconstrained Bond Fund

Reported by Armie Margaret Lee

American Beacon Advisors has turned to Pimco, Brandywine Global Investment Management and GAM International Management to sub-advise its  newest mutual fund [SEC filing]

The Fort Worth, Texas-based company launched the American Beacon Flexible Bond Fund on July 5. The product was seeded initially with $20 million, followed by an additional $7 million, said American Beacon CEO Gene Needles.

Adopting an unconstrained approach, the fund may invest in all bond sectors and a vast range of security types, such as inflation-indexed, floating rate and non-investment grade securities.

According to Needles, the fund had been in the works for about  a year and a half. The search centered around three factors. American Beacon looked for experienced managers in the space, managers with low correlation to traditional benchmarks and low correlation to each other.

American Beacon's goal, Needles said, is to deliver a flexible product with diversification.

American Beacon offers a total of 21 mutual funds. 

Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE

0.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Raw XML
Add to My Yahoo!
follow us in feedly




©All rights reserved to InvestmentWires, Inc. 1997-2018
40 Wall Street | 28th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use