Press
Press
RankiaPro Europe selects Analia Giachino as Sales Manager of the month
April 2, 2023
Colchester Global Investors would like to thank RankiaPro for their interview with Analia Giachino, Head of Distribution for Israel, Iberia & Latam. In the interview, Analia shares her personal experience in the financial industry and discusses how investors can position themselves in the volatile environment we are facing in global markets.
Colchester Global Investors signs sponsorship agreement with the CFA Society Chile
August 3, 2022
Colchester Global Investors is delighted to become an official sponsor of the CFA Society in Chile, further deepening its commitment to the region and promoting the exchange of knowledge, training and insights with local investors.
Sovereign Debt Investors Stress Emerging Markets Gap In New Climate Risk Metrics
June 28, 2022
Colchester is proud to be a part of the Ascor project which is expected to provide a framework of reporting and measurement that recognises the different development statuses and funding needs of governments. Ascor is expected to identify an initial set of metrics and indicators by the fourth quarter of this year, through its engagement with sovereigns.
Transition Risks and Opportunities for Sovereigns
March 8, 2022
It is widely acknowledged that climate transition is not only an environmental imperative, but also increasingly an economic one. As sovereign bond investors, we need to be cognisant of these risks and incorporate them into our investment analysis, recognising that climate-related risks are significant as are the costs to transition to a low-carbon, more sustainable future. Colchester Global Investors is pleased to highlight “Transition Costs and Risks for Sovereigns” to Funds Society.
Whistle-stop tour around the global bond markets, where are the best opportunities?
December 8, 2021
Cian O’Brien, Senior Investment Officer at Colchester Global Investors, explains where we see opportunities present themselves in the following Citywire Middle East article.
Colchester discusses its expansion in Latin America
November 4, 2021
Paul Allen, Head of Global Distribution for Colchester Global Investors, discussed with Citywire´s Fabian Tiscornia Colchester´s expansion in Latin America and the launch of the UCITS funds in BNY Mellon Pershing.
Fondos UCITS de Colchester disponibles a través de BNY Mellon Pershing
October 21, 2021
Las principales estrategias de Colchester Global Investors están ahora disponibles para los inversores US Offshore y latinoamericanos a través de BNY Mellon Pershing.
Colcheste’s UCITS funds available via BNY Mellon Pershing
October 20, 2021
Colchester Global Investors’ main strategies are now being offered on BNY Mellon Pershing´s platform, bringing our core UCITS funds to the Latin American and US Offshore Markets.
Compromiso ASG para los inversores de deuda soberana
September 15, 2021
Jean Lee, gestora de inversiones de Colchester Global Investors, habla del compromiso soberano ASG para Funds Society y describe la integración de la A, S, G con ejemplos prácticos.
ESG Sovereign Engagement
September 15, 2021
Jean Lee, Investment Officer at Colchester Global Investors, discusses ESG Sovereign Engagement for Funds Society and describes the integration of the E,S,G with practical examples.
How Mexico is propelling ESG investments forward in Latin America
August 26, 2021
Following our workshop with the Consejo Consultivo de Finanzas Verdes of Mexico on the 23rd of July, Citywire´s Fabian Tiscornia shares the views of leading Mexican institutional investors as well as Colchester Global Investors on how Mexico is propelling ESG investments forward in Latin America.
Colchester Global Investors Appoints Edward Sasinowski as Head of Distribution for North America
July 30, 2021
Edward Sasinowski will lead the North American distribution team for global & EM bond manager, Colchester Global Investors, bringing more than 15 years’ institutional experience to the role.
Colchester Global Government Bond Fund – Class I lists on Livewire’s inaugural 100 Top-Rated Funds List
July 27, 2021
The 100 Top-Rated funds have been selected on the basis that they have a “Top Rating” from at least one of three widely respected research houses in Australia – Lonsec, Zenith & Morningstar.
There Is Still Value In Emerging Fixed Income: These Are The Reasons
June 24, 2021
Local currency and hard currency emerging market government bonds have partially recovered since the lows of the COVID-19 crisis, but Colchester Global Investors believes there is still value to be found. Colchester has been holding a number of conferences on Emerging Market sovereign debt to give investors a better understanding of the key differences between hard currency and local currency denominated debt. The response from investors has been heartening and we share with you some of the key questions investors have been deliberating.
FTSE Russell launches first index to define and track frontier emerging government bond markets
June 8, 2021
"Colchester is delighted to have worked closely with FTSE Russell on the design and launch of its FTSE Frontier Emerging Markets Government Bond Index Series."
Government bond manager gets fingers in NZ PIE
April 18, 2021
Sovereign bond specialist Colchester Global Investors is very excited to partner with IIS to bring the Colchester Global Government Bond PIE Fund to the New Zealand market.
Implemented Investment Solutions Ltd is the issuer and manager of the Colchester Investment Funds Scheme. For a Product Disclosure Statement please visit iisolutions.co.nz/colchester. Past performance is not indicative of future performance. Investors are encouraged to seek independent financial advice.
Colchesters seminar on EM Sovereign Debt – El País (Uruguay)
March 26, 2021
“El País, a leading Uruguayan newspaper, summarises the key points from the seminar on Emerging Markets Sovereign Debt – Outlook and Opportunities for 2021, hosted by Colchester Global Investors and the Uruguayan CFA Society."
Emerging Markets Sovereign Bonds: Local or Hard Currency Debt?
March 10, 2021
Colchester analyses for Funds Society the opportunities and challenges in 2021 of EM sovereign debt in hard and local currency.
Colchester Global Investors’ Funds now available in Latam via Interactive Brokers
February 4, 2021
Colchester Global Investors' Funds now available in Latin America via Interactive Brokers´ Global Mutual Fund Marketplace.
$41bn firm brings bond funds to South Africa and the UAE
September 30, 2020
UK-headquartered Colchester Global Investors has registered two bond funds in South Africa and the UAE. The funds keep a globally diversified portfolio of primarily sovereign debt or debt-like securities and currencies.
CFA Society Uruguay Signs an Alliance with Colchester Global Investors
September 2, 2020
Colchester reinforces its commitment to the Latin American region through its collaboration with the CFA Society Uruguay to share knowledge, information and opinions with the local financial industry.
Fidelity shines a light on Colchester’s Global Bond Fund and real value approach
July 16, 2020
Colchester’s Cian O’Brien discusses with Fidelity’s Daniel Lane the Global Bond Fund strategy and current market outlook.
Colchester added to Fidelity Personal Investing’s Select 50
June 30, 2020
Colchester is proud to announce that our Global Bond Fund has been added to Fidelity Personal Investing’s Select 50 which comprises Fidelity’s experts’ top 50 favourite funds.
Has Covid-19 Thrown Up Value in the Local Currency Emerging Market Debt Universe?
June 29, 2020
Colchester has provided analysis to Funds Society for the outlook for emerging markets local currency sovereign debt.
Colchester announced as Finalist for Global Fixed Income Fund Manager of the Year 2020
June 15, 2020
After taking out the award in 2019, Colchester has backed this up with another nomination again in 2020.
Colchester Expanding Coverage with New Hire
June 10, 2020
Colchester Global Investors expands its Latin American coverage by appointing a Product Specialist based in Montevideo.
Why you needed Emerging Market Bonds
November 29, 2019
Emerging market bonds were the best performers in the global fixed interest bond sector, as they saw a strong finish to 2019. The top performer was Colchester Emerging Markets Bond with 19.42%.
Colchester Adds BDM
November 21, 2019
Colchester Global Investors has appointed a business development manager to service Australian financial advisers.
Perpetual awards Colchester global mandate
November 18, 2019
Colchester Global Investors has been awarded a global sovereign bond mandate by Perpetual as well as inclusion in Perpetual’s wealth models. “We look forward to partnering with Colchester and accessing their Global Government Bond Strategy via a separately managed account and their fund for Perpetual Private’s Implemented Fixed Income Portfolio and Fixed Income Model Portfolios respectively,” Theo Sofios, Perpetual Private’s head of multi manager, said.
Perpetual Private awards bond mandate
November 14, 2019
Colchester has received a sovereign bond mandate from Perpetual Private in a move that will also see its solutions included in model portfolios. Colchester won the mandate, which sees an undisclosed amount invested by Perpetual Private in Colchester's global government bond strategy via an SMA.
Colchester – Global Bond Investing in an Era of Negative Interest Rates
November 7, 2019
Navigating the prevalent negative bond yielding environment is leaving investors perplexed. This article addresses the misconception that positive returns cannot be delivered from government bonds with negative nominal yields and looks at the opportunities available across global sovereign markets.
Colchester fund gets ‘recommended’ rating
October 9, 2019
Global sovereign bond manager Colchester Global Investors has had its Emerging Markets Bond Fund awarded a ‘recommended’ rating by research house Zenith. The rating was based on the manager’s ability to outperform the market in a variety of market conditions, the research house said.
Colchester launches EM bond fund
September 19, 2019
Colchester Global Investors has launched its Emerging Markets Bond fund as a diversifier for financial advisers for the income-generating allocations of their client portfolios.
Colchester launches new fund
September 19, 2019
Colchester Global Investors has launched its new Emerging Markets Bond Fund for financial advisers to diversify within the income-generating allocations of client portfolios.
Colchester arrives in Latin America and appoints Paul Allen Senior Executive and Global Head of Marketing & Client Services
August 2, 2019
Colchester Global Investors comes to Latin America and appoints Paul Allen as Senior Executive and Global Head of Marketing & Client Services.
Colchester Global Investors: “In the Medium Term, We Seek to Establish a Diversified Footprint in Spain and Other Spanish-Speaking Countries”
July 31, 2019
Colchester Global Investors seek to establish a diversified footprint in Spain and other Spanish-speaking countries.
Colchester appoints head for new Dubai office
July 30, 2019
Paul Allen, the Global Head of Marketing and Client Services for London-based sovereign bond boutique Colchester Global Investors, will lead that firm's newly opened office in Dubai.
Colchester Global appoints global head of marketing and client services
June 26, 2019
Paul Allen has been named Colchester’s Global Head of Marketing and Client Services, with his coverage of existing client relationships remaining with Europe, Africa and Asia-Pacific.
Government bonds see Colchester Global excel
June 17, 2019
Colchester was awarded Fixed Income Fund Manager of the Year at the recent Lonsec Money Management annual awards evening.
Colchester lands in Spain with its value approach to government bonds
May 20, 2019
Colchester Global Investors have registered the Colchester Multi-Strategy Bond Fund now available for sale in Spain.
CAMRADATA Awards 2019 – Colchester Wins
March 1, 2019
CAMRADATA awarded Colchester the coveted top spot for the Emerging Markets Government Debt USD category. Read more on page 14 and 15.
Denver Employees selects Colchester for local currency emerging markets debt
June 22, 2018
Denver Employees Retirement Plan selected Colchester Global Investors to run about $57 million in an emerging markets local currency debt mandate, said Randall Baum, chief investment officer for the $2.3 billion pension fund, in an email.
Zenith upgrades Colchester fund
April 6, 2018
‘Zenith has upgraded the Colchester Global Government Bond Fund to ‘highly recommended’. Colchester’s head of distribution, Australia, Angela MacPherson said that the fund surpassed $170 million in funds under management ... “We’re seeing our inclusion in model portfolios and managed accounts and are pleased to see this growth in awareness by financial planners,” she said.’
BTNZ hires 3 managers for A$1.6 billion fixed-income portfolio
November 14, 2017
BT Funds Management (NZ) hired Colchester Global Investors, Wellington Management and BlueBay Asset Management to manage the firm's A$1.6 billion ($1.3 billion) fixed-income portfolio, confirmed Matthew Goldsack, BTNZ's head of investment solutions.
Sovereign bond boutique embraced by Asian clients
November 13, 2017
‘(Asia-Pacific) Region now accounts for 30% of total assets for Colchester Global.’ ‘Only the best managers in areas such as "macroeconomics, rates and FX," running global – including emerging markets — bond strategies are benefiting in the current environment...
Global fixed refit at BT NZ
October 18, 2017
‘Newcomers to the BT NZ portfolio’ are ‘Colchester’ who also features in the ‘Russell Investments international fixed interest manager suite’...
BT Panorama lists sovereign bond fund
April 27, 2017
The Colchester Global Government Bond Fund, which was recently rated as 'highly recommended' by Lonsec, is attractive for advisers seeking a defensive fixed income alternative for client portfolios. Colchester Global Investors head of distribution Angela MacPherson said investing in physical sovereign bonds ensures liquidity in all markets and a simplicity that clients can understand. Morningstar recently awarded it a 'silver' analyst rating, reporting it is a "solid choice within the global-bond universe for long-term investors."
Money Management Fund Manager of the Year awards 2017 finalists announced
March 29, 2017
“The awards ceremony is an opportunity to reward the best of the best in the funds management industry as well as the financial planning industry. Money Management is pleased to announce the fund managers who have made the cut.”
International manager secures VicSuper mandate
February 24, 2017
Colchester “received a significant mandate from VicSuper.”
Colchester Global Investors wins VicSuper mandate
February 24, 2017
“We believe that Colchester’s value-oriented philosophy, based on income generated in real terms, complements our own approach extremely well. We look forward to a successful ongoing relationship with Colchester.”
VicSuper hires Colchester Global Investors to manage $320 million in sovereign bonds.
February 23, 2017
“CEO Michael Dundon said in a news release Thursday that Colchester will play a “key role” as a satellite manager with an “active, absolute-return-oriented global” directive that will help diversify the fund's broader fixed-income allocation.”
Conditions favour active investment: Colonial First State’s Tully
January 5, 2017
“bond fund managers on Colonial First State Investments FirstChoice platform, the nation’s largest… also uses some lesser-known benchmark-agnostic and contrarian funds such as Colchester Global Investors…”
Morningstar rates fixed income funds
June 28, 2016
“Four new bond funds were added to their Morningstar's rating lists … The funds they added included… Colchester Global Government Bond (rated bronze)”.
Taking time to listen to the signs, Global Fixed Income
June 3, 2016
“Being a singular focused global sovereign bond manager without adding credit to portfolios saw Colchester rewarded for its Global Government Bond Fund. Portfolio manager, Martyn Simpson, said: "If you're buying into this fund, you would just have pure government exposure, which gives you liquidity other managers can't give you".
Fund Manager of the Year 2016 Finalists Announced
April 5, 2016
“The Money Management and Lonsec Fund Manager of the Year awards are the most sought-after awards for the recognition of excellence within the funds management industry.”
Ratings houses recommend Colchester fund following MacPherson hire
March 21, 2016
“The firm announced that Lonsec had issued a "highly recommended" rating for the fund, while Zenith, listed it as "recommended".”
Colchester Global Investors names distribution head
March 15, 2016
Angela will be responsible for introducing Colchester’s Global Government Bond Fund to the Australian intermediary market place for the first time in a bid to capitalise on recent strong research ratings and platform interest. “It’s an exciting time for the business, we are pursuing a deliberate strategy of diversifying both our client base and also our geographic location”
Colchester Singapore managing director Paul Allen said: “The appointment of someone of the calibre of Angela will be instrumental for Colchester to build a meaningful presence in the intermediary space in Australia over the medium to long term.”
Colchester Global taps Challenger veteran to lead new Sydney office
March 14, 2016
“Ms. MacPherson said in a telephone interview that she’ll be leading the institutionally focused London-based firm’s first foray into the intermediary market place in Australia.”
Colchester appoints Head of Distribution Australia
February 1, 2016
“Sovereign bond fund manager Colchester Global Investors has appointed Angela MacPherson as head of distribution Australia, responsible for introducing Colchester’s Global Government Bond Fund to the Australian intermediary market.”
Money managers seeing big bonanza from Japan
October 19, 2015
“The country's largest pension fund… recently awarded mandates has broadened considerably to include less familiar names in the region, such as London-based Colchester Global Investors Ltd.”
Japan’s GPIF triples active international bond manager line up
October 1, 2015
Japan’s Government Pension Investment Fund on Thursday tripled its manager lineup for active international bonds… Among the GPIF's eight categories for active international bonds, were Sompo Japan Nipponkoa Asset Management Co., with subadviser Colchester Global Investors.
AMP Capital restructures bond mandates
July 3, 2014
“AMP Capital has restructured the investment manager line-up of its Future Directions Australian and global government bond funds … the allocation to Colchester Global Investors rose from 40 per cent to 50 per cent”
Russell appoints new managers
March 28, 2003
Russell’s Australasian chief investment officer, Peter Gunning says it has devoted considerable time and resources to seeking out managers with distinct new global bond investment styles, and as a result has been closely monitoring Colchester through its “on-the-ground” fixed income research in London.
Colchester may authorise some links to exist between this Website and other third party sites that are beyond its control. By permitting such links such as external articles, Colchester makes no representation as to the accuracy, completeness, timeliness or suitability of the information on the third party sites. The inclusion of any link does not imply affiliation, sponsorship, endorsement, or verification by Colchester of any information contained in any external website. Colchester does not accept any responsibility with regards to the content, services, products or materials offered on these sites.
Video Library
Video Library
ESG Factors and Integration in Colchester’s Investment Process
We are pleased to share our ESG integration process in this short video, presented by Colchester’s Senior Investment Officer Vi-Minh Tran. Vi explores the importance of complementing traditional sovereign balance sheet analysis with a systematic integration of Environmental, Social and Governance (ESG) factors to allow us to fully assess the financial stability of those developed and developing markets in which we may invest.
Colchester’s ESG Sovereign Engagement Insights
Jean Lee, Investment Officer presents Colchester’s thoughts on the importance of ESG issues with sovereigns, climate risk and how engagement opportunities assist to evaluate ESG and other risks which in turn allows for a better assessment of sovereign valuations.
Colchester’s Women in Finance present: Our Path to Success – Inclusion is the Key to Growth
Humility and respect for others is one of Colchester’s core values and we are committed to growing and nurturing diversity within the firm but also more broadly where we can. We celebrate diversity and inclusion with our latest Colchester’s Women in Finance video ‘#Inclusion is the key to growth’, where our employees share their thoughts and advice to help inspire the next generation.
Colchester’s Economic and Inflation Outlook – April 2021
Keith Lloyd, CEO & Deputy CIO, presents an update on Colchester’s Economic & Inflation Outlook at a time when countries are still working through the effects of the COVID pandemic and markets are increasingly concerned about the potential for rising inflation ahead.
India Bond Market Insights
We are pleased to share with you a short presentation from Colchester’s Investment Officer, Jean Lee. In this video Jean will share Colchester’s thoughts on India’s bond market, provide an overview of their economy, and discuss India’s potential for inclusion in global and emerging market indices.

ESG in Sovereign Debt Analysis
Claudia Gollmeier discusses ESG factors and the role of engagement within Sovereign Bond Analysis with Kristian Hartelius, Head of Quantitative Strategies at AP2, and Carmen Nuzzo, Head of Fixed Income at the PRI.
Fidelity shines a light on Colchester’s Global Bond Fund and real value approach
Watch Cian O’Brien, Senior Investment Officer, discuss our real value approach as Fidelity shines a light on Colchester’s Global Bond Fund.
A practical guide to ESG Integration in Sovereign Debt
Claudia Gollmieier, Colchester Senior Investment Officer and as Chair of the PRY Sovereign Working Group, has contributed to further work in this important field.
Colchester and Responsible Investing
Claudia Gollmeier discusses how Colchester incorporates responsible investing principles into its investment process.
- What is responsible investing? (00:00)
- How does Colchester incorporate ESG into its process? (0:40)
- Would ESG factors lead Colchester to remove a country from the opportunity set? (2:00)
- How does Colchester support good ESG practices? (4:30)
Ian Sims discusses why Colchester invests solely in sovereign bonds and the benefits or utilising smaller markets
- Why does Colchester invest solely in sovereign bonds? (00:00)
- How important are smaller markets to you? (1:40)
Cian O’Brien discusses the merits of currency management in global bond portfolios
- What should investors consider when deciding to hedge their portfolio? (00:03)
- Why do investors often hedge a global bond portfolio but not a global equities portfolio? (01:16)
- What About the cost of Hedging? (02:03)
- Does Colchester believe currency can be a source of added value? (03:32)
- What is Colchester’s approach to managing currency? (04:41)
Keith Lloyd provides insights to who Colchester is, what Colchester’s investment philosophy is and why he believes clients choose them
- Who is Colchester? (00:00)
- What is Colchester’s investment philosophy (0:33)
- Why do clients like and choose Colchester? (01:17)
- Can you sum up the benefits of investing with Colchester (02:04)
Ian Sims provides insights to Colchester’s team and culture
- Can you describe Colchester’s Investment Culture (00:00)
- How have you maintained such a stable and experienced team? (01:52)
Ian Sims provides his thoughts on why clients choose to invest with Colchester
Keith Lloyd explains Colchester’s investment process
- What is Colchester’s Investment Universe? (00:00)
- What are Colchester’s sources of added value? (01:37)
- How does Colchester build their portfolio? (02:28)
- How important to Colchester is managing risk in portfolios (04:07)
Lonsec Meet The Manager Interview
Lonsec’s Head of Research Libby Newman sat down with Colchester’s Martyn Simpson to discuss Colchester’s valuation driven approach to global bond investing. With emerging markets in the spotlight recently, Martyn explains the process behind Colchester’s emerging market allocation, and how Australian investors can benefit from global growth opportunities.
- Who is Colchester? (0:07)
- What differentiates Colchester? (01:37)
- Managing emerging market risks (2:32)
- Using currency to generate alpha (5:03)
- Team-based investment process (6:41)
- View of inflation and interest rates (8:13)
Colchester Papers
Colchester Papers
The Case for Local Currency Emerging Market Debt
Local Currency EM government debt has been through a number of distinct cycles since the early 2000’s when these markets became more liquid, widely traded, and began to be seen as viable investment destinations. After facing a number of headwinds, we believe that the asset class is now well placed to benefit from a sustained upswing. Further US dollar weakness, relatively high and attractive real yields, sound macroeconomic management, and declining inflation across the major economies within the asset class suggest that it is about to undergo a sustained period of strong performance.
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The Merits of Emerging Market Sovereign Bonds – Comparing Hard and Local Currency Debt
All investors, to varying degrees, need to balance and trade off three objectives, namely safety, liquidity and return. Their particular circumstances, objectives and risk tolerance will each play a key role in the asset allocation decision of where to invest. In this paper we focus solely on Emerging Market government debt and consider the characteristics and valuations of both the local currency and hard currency segments of this asset class; looking at where opportunities may be sought in the future.
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Colchester Sovereign Engagement Framework
Responsible Investing is, and has been since the inception of Colchester, a fundamental part of our investment process. Environmental, Social and Governance (ESG) factors are incorporated along with macro-economic and financial analysis within our investment valuation framework. Please find attached for your interest our ‘Sovereign Engagement Framework’ which explains how we integrate engagement holistically into our investment process. We believe that enhanced and clear policies can improve a country’s business environment, which in turn reduces country investment risk, funding costs, supports economic growth and should ensure more sustainable debt paths.
Download the paper
ESG Engagement For Sovereign Debt Investors
This report has been written with the contribution of the PRI’s Sovereign Debt Advisory Committee (SDAC) of which Claudia Gollmeier, Colchester’s Senior Investment Officer, is the Chair. It aims to provide insights on how sovereign engagement is conducted and where the industry can extend this custom to advance responsible investing.
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L’Obsolescence des Obligations d’État a été largement exagérée
La pandémie mondiale de 2020 a exacerbé bon nombre de tendances devenues apparentes depuis quelques années: le déclin des taux d’intérêt vers la zone négative sur les marchés développés, l’augmentation des ratios de dette publique par rapport au PIB ainsi que la croissance des bilans des banques centrales (en grande partie due aux achats d’obligations d’État). Avec un niveau de rendement actuellement inférieur à 1% sur la grande majorité de la dette publique des marchés développés, ainsi que des rendements négatifs qui prévalent sur une majorité de ces marchés, les investisseurs se demandent naturellement si les obligations d’État ont encore la capacité d’amortir les chocs sur les marchés boursiers et si les taux peuvent tomber encore plus bas. Cet article débat de la qualité défensive qui caractérise la classe d’actifs des bons du trésor.
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The Death of Government Bonds has Been Greatly Exaggerated
The global pandemic of 2020 has exacerbated many of the trends that have been evident over recent years, and historic lows in developed market government bond yields have caused concern that the asset class may offer little or no value. This paper discusses our belief in the continued defensive nature of the asset class and its capacity to cushion a downturn in equity markets.
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Has Covid-19 Thrown Up Value in the Local Currency Emerging Market Debt Universe?
Colchester have provided an analysis of the local currency emerging sovereign bond markets in light of recent events and beyond.
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Green Bonds – Assets Under Management more than double in one year
“The rising popularity and issuance activity of green bonds is leading to significant growth in green bond funds – both in terms of the number of funds and the assets under management. A total of four new Green Bond funds have been launched this year. These are products of the asset managers Franklin Templeton, Colchester Global Investors, Degroof Petercam and Lyxor. Here, Scope Analysis discusses the current Green Bond Fund market and outlook.”
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A practical guide to ESG Integration in Sovereign Debt
Claudia Gollmeier, Colchester Senior Investment Officer and as Chair of the PRI Sovereign Working Group, has contributed to this paper and it's case studies; specifically the foreword on page 7, plus pages 22, 29 and 49.
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Colchester – Global Bond Investing in an Era of Negative Interest Rates
Navigating the prevalent negative bond yielding environment is leaving investors perplexed. This article addresses the misconception that positive returns cannot be delivered from government bonds with negative nominal yields and looks at the opportunities available across global sovereign markets.
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Emerging Market Local Currency Sovereign Debt
Colchester provide an introduction to the emerging market local currency debt asset class, discuss the merits of this investment choice and how Colchester manage their client's portfolios in this space.
Download the paperEmerging Markets – Resilient External Balance Sheets Support Attractive Currency Valuations
This is an opportune moment to take a step back and reassess valuations and financial stability in the local currency emerging market debt universe.
Download the paperSovereign Credit Risk Case Study
Colchester’s case study on sovereign credit risk written by Claudia Gollmeier (pg 78-81) and published by the PRI as part of their paper ‘Shifting Perceptions: ESG, Credit Risk and Ratings. Part 3. From Disconnects to Action Areas.’
Download the paperIntegration of ESG Factors into Sovereign Bonds: A Case Study of Russia
Colchester’s contribution written by Claudia Gollmeier (pg 132-140) for the CFA Institute’s ‘Guidance and Case Studies for ESG Integration: Equities and Fixed Income’.
Download the paperHow Vulnerable are Emerging Markets to Rising Interest Rates?
Colchester’s investment team analyse debt levels in emerging markets in light of recent rises in global interest rates; and assess how vulnerable they really are in the event of further or more rapid rates rises.
Download the paperEnvironmental Social and Governance – Colchester Global Investors Responsible Investment
Responsible investing is, and has been since the inception of the company in 1999, integral to the investment process employed by Colchester. Colchester which has the primary...
Download the paperGlobal and Emerging Market Inflation Linked Bonds
Colchester’s investment team analyse the evolution of the Inflation Linked Bond market, how and why they are utilised in portfolios, and what Colchester’s investment approach is for this sector of the market.
Download the paperProspective Real Yields and Active Global Bond Management
The prospective real-yield approach, based on purchasing power parity concept, appears to have real-world application, with a minimal need for forecasting. Only inflation can be forecast. Both perfect foresight and lagged...
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