Sumus Hybrid Bonds Fund marks one-year milestone
Geneva, September 2020 - In August 2019, we launched Sumus Hybrid Bonds Fund, which aims to obtain attractive returns by investing in bonds issued by quality non-financial companies, while moving down the capital structure.
A year on, despite heavy turbulence on financial markets, the corporate hybrid bonds segment kept on its steady development, with strong primary activity and an increased interest from multiple institutional investors.
Matteo Anrò, Senior Portfolio Manager at Sumus Capital, observed "massive interest on primary issues from solid enterprises such as Enel or Total, that whilst maintaining investment grade rating offered attractive coupons, due to their hybrid nature."
Sumus Hybrid Bonds Fund is a sub-fund of Sumus Fund, a Luxembourg UCITS registered for sale in Luxembourg, Switzerland and Italy. More details in the enclosed brochure.