Global Bonds

The bond funds of StarCapital are a global, well-diversified platform for investing in all segments of the fixed income universe. We invest without any benchmark constraints and can therefore target the most promising investment opportunities in global bond markets and invest wherever we see the most attractive trade-offs between risk and return.

Positions in undervalued securities will be opened or increased during major downside corrections and investment exposure will be gradually scaled back when assets are overvalued. We deliberately deviate from consensus in our quest to capture the most attractive opportunities over the long term.

Due to the high level of flexibility and freedom, the fund managers can respond quickly to any sudden shifts in the marketplace. Asset allocation, investment exposure, duration, and country, sector and currency allocations are actively managed.

Investment Case Global Bond Strategies

Diversification and anticyclical portfoliomanagement

The «global unconstrained» funds managed by StarCapital AG are capable of generating excess value compared to traditional funds thanks to their global and flexible investment mandate. With our benchmark-free remit we can optimally exploit market inefficiencies across the entire fixed income spectrum without any geographic constraints. Investments are made in different categories of fixed income securities (besides the classic government bonds and corporate bonds, the investment universe includes high yield and bonds denominated in foreign currencies) with low levels of correlation to create and maintain a stable, well balanced and well diversified portfolio. The portfolio management team takes a strictly anti-cyclical approach: Positions in undervalued securities will be opened or increased when markets overshoot on the downside and exposure will be gradually scaled back when assets are overvalued.

Investments are made in different categories of fixed income securities (besides the classic government bonds and corporate bonds, the investment universe includes high yield and bonds denominated in foreign currencies) with low levels of correlation to create and maintain a stable, well balanced and well diversified portfolio. The portfolio management team takes a strictly anti-cyclical approach: Excessive corrections are used to open or increase positions in undervalued securities while phases of overly high valuations are used to reduce investment exposure.

Actively managed

Due to the high level of flexibility and freedom, the fund managers can respond quickly to any sudden shifts in the marketplace. Asset allocation, investment exposure, duration, and country, sector and currency allocations are actively managed.

 

Our expertise

StarCapital's award-winning fund management team has decades of experience in the field of fixed-interest investment strategies and knows how to systematically exploit market inefficiencies.

Team Bond Strategies

Adam Choragwicki
Adam Choragwicki, CIIA, Head Bond Funds Management
  • Since 2018 Head of Fixed Income
  • 2016 - 2018 Senior Portfoliomanager Global Bonds und Emerging Markets Debt at StarCapital AG
  • 2015 – 2016 Senior Portfolio Manager Emerging Markets Fixed Income at Helaba Invest Kapitalanlagesellschaft mbH
  • 2007 - 2015 Portfoliomanager Global Fixed Income and Emerging Markets ati DWS Investments
  • Bank management studies, diplomas: Certified Banking Specialist, Certified International Investment Analyst
Emil Huseynov
Emil Huseynov, CFA, Portfolio Manager
  • Since 2016 Analyst Global Fixed Income at StarCapital AG
  • 2014 – 2015 Internship with Senior Executive Banking/Capital Markets at DZ Bank AG
  • 2010 – 2013 Junior economist at the Central Bank of the Republic of Azerbaijan
  • Economics studies, Master of Science in Economics, Chartered Financial Analys
Klaus Spöri
Klaus Spöri, CEFA, Senior Portfolio Manager
  • Since 2019 Senior Portfolio Manager at StarCapital AG
  • 2013 - 2018 Senior Portfoliomanager at ODDO BHF Asset Management
  • 2006 - 2013 Senior Portfoliomanager at SüdKa/LBBW Asset Management
  • 2004 - 2005 Fund manager at Löwenfinanz AG
  • Studies in banking, Certified Banking Specialist, CEFA
  • Adam Choragwicki
  • Emil Huseynov
  • Klaus Spöri

Our investment solutions

The bond funds managed by StarCapital AG offer investors access to a superb platform of strategies with a global and anti-cyclical investment approach.

Product Date ISIN NO. NAV YTD 1YR 3YR Factsheet

StarCapital Argos

> I-EUR 20.02.2019 LU0340783603 1,538.06 1.78% -1.20% 8.72%
  • DE

    • DE
> A-EUR 20.02.2019 LU0137341789 138.15 1.72% -1.60% 7.42%
  • DE

    • DE
> I-CHF 20.02.2019 LU1603432060 120.16 1.74% -1.70% n.a.
  • DE

    • DE

StarCapital Bondvalue UI

> I-EUR 20.02.2019 DE000A1111E3 974.57 1.14% -2.37% 2.00%
  • DE

    • DE
> A-EUR 20.02.2019 DE0009781872 67.18 1.08% -2.74% 0.87%
  • DE

    • DE

News

Markets & Opinions / 14.07.2017

Lesen Sie den Newsletter StarInvest vom Juli 2017.

Markets & Opinions / 20.06.2017

Lesen Sie den Newsletter StarInvest vom Juni 2017.

Products & Services / 02.06.2017

Buy-Rating von Fonds Consult Research für flexiblen Rentenfonds StarCapital Argos bestätigt.

Markets & Opinions / 14.02.2017

Lesen Sie den Newsletter StarInvest vom Februar 2017.

Markets & Opinions / 11.01.2017

Lesen Sie den Newsletter StarInvest vom Januar 2017.