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AB SICAV I-Asia Pacific Local Cur Debt Pf I2 USD

Ranked 2 out of 17 in - Asia Pacific Local Currency over 12 months
All calculations are in USD unless stated

Managed by

Paul DeNoon

Paul DeNoon joined Alliance Capital as a portfolio manager in 1992 and currently takes charge of the massive AllianceBernstein-American Income Portfolio. The fund is 100% US Dollar denominated with DeNoon allocating between sectors based upon top-down analysis of global economic trends. Bottom-up in-house research drives the security selection. Prior to joining Alliance Capital, DeNoon spent six years working for Manufacturers Hanover Trust as an economist and ultimately portfolio manager. He started his career with two years as an economic research analyst at Lehman Brothers. DeNoon was born in Rochester, New York, in 1962 and holds a bachelor’s degree in economics from Union College, Schenectady, New York, and a masters degree in finance from New York University. Away from the office he is a keen skier and keeps himself busy coaching youth soccer.

Brad Gibson

Brad Gibson is a portfolio manager on the Asia-Pacific fixed income team at AllianceBernstein. He was previously head of rates strategies at ING Investment Management Australia, where he was responsible for the management of a range of domestic, international, diversified, nominal and inflation-linked bond portfolios. Brad was previously a member of both the interest-rate options and bond committees of the Australian Financial Markets Association and has lectured on fixed-income portfolio management for the Securities Institute of Australia.

Jenny Zeng

Jenny Zeng is a portfolio manager for the Asian Credit portfolios and head of credit research in Asia. She specialises in Greater China and India corporate credits. Prior to joining the firm in 2013, Zeng was at Citigroup for seven years, most recently serving as a vice president and credit-sector specialist covering Asian corporate credit. She was ranked as one of the top three research analysts for overall credit research in the Asiamoney Fixed Income Poll during her years with Citigroup. Zeng holds a BS in economics (summa cum laude) and an MS in economics (magna cum laude) from the University of International Business and Economics (China). She is a CFA charterholder.

Objective

The Fund's investment objective is to achieve high total returns through current income and long-term capital appreciation. In seeking to achieve its investment objective, under normal market conditions, the Fund will invest at least two-thirds of its assets in fixed income securities issued by Asia-Pacific issuers and related derivatives, or in fixed income securities denominated in Asia-Pacific currencies. In addition, the Portfolio may also invest in debt securities issued within the Peoples Republic of China. These securities may be issued by governments, sovereigns, quasi-sovereigns, government agencies, government-guaranteed issuers, supra-national entities or corporations.

Showing fund performance in Singapore View performance globally

Performance

Asia Pacific Local Currency over : 31/10/2017 - 31/10/2018

Total Return

Quarterly Performance

to 30/09/2018 Annual Q1 Q2 Q3 Q4
2018 0.7% -4.3% -0.7%
2017 11.9% 4.4% 2.4% 2.1% 2.5%
2016 3.8% 4.0% 2.3% 3.3% -5.5%
2015 -5.2% 0.6% -0.4% -7.2% 1.9%
2014 3.8% 2.7% 2.7% -0.3% -1.3%
2013 -4.6% -0.3% -6.8% 1.0% 1.5%
2012 -0.5% 6.3% 2.6%

Month by Month Performance

Returns Vs Risk

Registered For Sale In

  1. Austria
  2. Finland
  3. France
  4. Germany
  5. Hong Kong
  6. Iceland
  7. Italy
  8. Luxembourg
  9. Macau
  10. Netherlands
  11. Norway
  12. Singapore
  13. Sweden
  14. Switzerland

Fund Info

  • Launch date08/02/2012
  • Share Class size00Mn
  • Base currencyUSD
  • ISIN LU0736557819

Purchase Info

  • Min. initial investment1Mn
  • Min. regular additional investment0

Charges

  • Annual management0.65%

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Performance is for the period shown (month end to month end, bid/bid, gross income reinvested, calculated in the currency and currencies indicated).