What's Happening?
Quilter has launched the Quilter Global Government Bond fund, appointing PIMCO to manage the new mandate. This fund has been integrated into Quilter's WealthSelect Managed Portfolio Service as part of a recent portfolio rebalance. The move increases exposure
to actively managed global government bonds, reducing reliance on passively-managed holdings. The fund will be managed by Andrew Balls and a team of senior portfolio managers and analysts. Stuart Clark, portfolio manager of Quilter’s WealthSelect MPS, highlighted the strategic timing of the launch, following a rally in equity markets, to enhance the fixed income lineup within WealthSelect.
Why It's Important?
The introduction of the Quilter Global Government Bond fund reflects a strategic shift towards actively managed fixed income investments, which can offer more dynamic responses to market conditions compared to passive strategies. This move is significant for investors seeking to diversify their portfolios and manage risk amid fluctuating equity markets. By partnering with PIMCO, a renowned fixed income manager, Quilter aims to leverage expertise in navigating global bond markets, potentially enhancing returns for investors. The decision underscores the importance of active management in achieving tailored investment outcomes.
