LONDON, November 15, 2016 /PRNewswire/ --
NOT AN OFFER TO BUY OR SELL SECURITIES IN THE UNITED STATES OF AMERICA
EG Capital Advisors ("EGCA"), an international investment management holding, today announces plans to launch an Emerging Markets High Yield Bond Fund ("the Fund") with initial committed AUM of US$ 50 million and commitment of US$ 150 million. The launch is scheduled for the first quarter of 2017.
The new UCITS-compliant Fund will focus on EM high-yield corporate securities based on EGCA's Emerging Markets High Yield Debt Strategy. The company has a strong track record of applying the same strategy to its existing funds with total AUM exceeding US$ 500 mln.
Coppin Collings ("CC"), a UK-based institutional asset management business, will provide the operational platform for the Fund, overseeing all aspects of compliance, regulation, operations, and trading activities on global markets. In addition, the distribution arm of CC, Access Alpha Worldwide, will facilitate distribution of EGCA products in the US and Canada.
Michael Stanton, member of the Supervisory Board of EG Capital Advisors commented:
"Macroeconomic conditions are improving in certain emerging markets and we see significant opportunities in the EM corporate debt space. With the upcoming launch of our new fund we continue creating strong products with good yield and manageable risks based on our EM Corporate High Yield Strategy.
"Our flagship strategy is focused on generating high-single digit return through a combination of current income and long-term capital appreciation, and is backed by our strong in-house "bottom-up" fundamental credit selection and risk management."
Marina Akopian, CEO of Coppin Collings said:
"We are delighted to welcome EG Capital Advisors onto our platform and we believe that EGCA's EM Corporate High Yield strategy will attract a lot of interest from institutional clients worldwide. The strong track record, disciplined investment process and a UCITS structure bode well for a successful launch and a rapid asset raising globally."
For more information, please visit http://www.egcapitaladvisors.com
About EG Capital Advisors
EG Capital Advisors is an international investment management holding providing private and institutional clients with investment capabilities that span multiple assets classes including publicly listed equity securities, private equity, fixed income and real estate. With assets under advisory of over US$ 3.5 bln, EG Capital Advisors offers fixed and customized investment solutions worldwide and deep expertise in emerging markets.
About Coppin Collings
Coppin Collings Ltd, has roots going back to 2006 and was founded by Bryan Collings, former Head of Emerging Markets and Resources at Barings, and one of the largest U.K. Life Companies, Standard Life. Coppin Collings Ltd is a London-based fully fledged institutional asset manager, with the SEC, the FCA and AIFMD licenses. The company is offering the highest standard operational support, UCITS umbrella, regulatory structure and a proven global institutional distribution to external asset management companies worldwide.
SOURCE EG Capital Advisors