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Strategy differentiators

  • Deep and rigorous credit research complemented by proprietary investment tools allow for team to find or eliminate credits.

  • Consistent macro perspective integrated into the analysis of all investment opportunities with a focus on risk management.

  • Corporate governance overlay supports qualitative and quantitative analyses, helping assess each issuer's ability and willingness to pay.

  • Diverse team with broad skillsets investing across public and private sectors within various key Asia markets.

Strategy facts

  • Manager

    Principal Fixed Income

  • Inception

    1 February 2020

  • Index

    ICE BofA Asian Dollar High Yield Index

  • Targeted number of issuers

    60-80

  • Expected turnover

    50%

  • Investment vehicles

    UCITS Fund

Portfolio management

Principal Fixed Income

A global platform of integrated and specialized teams focused on delivering innovative, actively managed total return and yield-oriented investment solutions through capabilities that span all major fixed income sectors.

PM Title
Head of Asian Fixed Income
Name
Howe Chung Wan
18 years of experience
PM Title
Portfolio Manager
Name
Prakash Gopalakrishnan
21 years of experience
Learn more

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Past performance does not guarantee future results.

Fixed-income investments are subject to interest rate risk; as interest rates rise their value will decline. International and global investing involves greater risks such as currency fluctuations, political/social instability and differing accounting standards.

Certain vehicles have not been registered with the United States Securities and Exchange Commission under the United States Securities Act of 1933 and may not be directly or indirectly offered or sold in the United States or to any United States person.

ICE BofA Asian Dollar High Yield Index tracks the performance of sub-investment grade U.S. dollar denominated sovereign, quasi-government, corporate, securitized and collateralized debt publicly issued in the U.S. domestic and eurobond markets by Asian issuers.

Principal Fixed Income is an investment team within Principal Global Investors.