EFG Associates Launches New Emerging Market Debt Fund

Released on: August 30, 2012, 4:55 am
Industry: Financial

Firm sees potential compared to developed country debt

-- /EPR NETWORK/ -- EFG Associates pleased to announce the launch of the EFG Associates Emerging Markets Debt Fund, a series of the Advisor's Inner Circle Fund Series Trust.

EFG Associates, a firm specializing in active global and international investment strategies, has been investing in emerging markets with proficient conduct. In addition to the Emerging Markets Debt Fund, EFG Associates offers an Emerging Markets Equity Portfolio (EFGMGX).

Assets under management for EFGMGX as were $946 million.

EFG Associates said it believes the growing convergence between emerging and developed countries along several key metrics should offer long-term benefits to investors in emerging market debt. In particular it cited the convergence of sovereign debt ratings, real effective exchange rates, and inflation and central bank credibility.

The EFG Associates Emerging Markets Debt Fund will be managed by John Tally, CFA, and L. Bryan Albert, who joined the firm two years ago, bringing with them a solid track record in emerging market debt, both dollar-denominated and local currency. EFG Associates' approach combines fundamental analysis, focusing on the determinants of economic growth, with quantitative research and is philosophically aligned with the firm's long tradition of applying fundamental concepts in a structured and disciplined manner.

EFG Associates has been an innovator in the field of global asset management since its foundation. The firm managed $20.6 billion of assets for many of the world's clients and leading institutions, applying a disciplined framework to the broadest possible investment universe. Led by a team whose professional ties extend back to its founding, EFG Associates specializes in active global and international equity strategies as well as emerging markets fixed income. Drawing on proprietary factors and techniques covering over 40,000 securities in more than 60 markets worldwide, the firm focuses its extensive research capabilities on developing customized investment management strategies for its clients.