ING Investment Management’s (ING IM's) OptiMix has handed new mandates to Wellington Management Company and Omega Global Investors within its Global Fixed Interest (GFI) portfolio.
ING IM chief investment officer, multi strategies group, Emmanuel Calligeris said the OptiMix team believed it had been presented with an excellent opportunity to gain exposure to global investment grade credit.
“With this in mind, the decision was made to introduce an investment grade corporate bond mandate into the GFI portfolio,” he said.
Calligeris said Wellington had been regarded as ‘best of breed’ for investment grade credit while Omega had been appointed to manage a mandate for index-enhanced global sovereign bonds.
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