Vanguard, Guinness and Fidelity Expand Global Fixed Income Offerings

Vanguard has expanded its active fixed income lineup with the Ireland-domiciled Vanguard Global Short-Term Core Bond Fund. Co-managed by Ales Koutny and Sarang Kulkarni, the fund focuses on a diversified mix of investment-grade, government, and corporate debt. By maintaining short-term duration, the strategy aims to curb interest rate risk and provide investors with more predictable outcomes compared to broader market indices.

Guinness Global Investors is also targeting the bond market with its new Guinness Global Dynamic Bond Fund. Managed by Craig Veysey, the benchmark-unconstrained strategy seeks to capitalize on global price dislocations through a mix of government bonds, investment-grade credit, and high-yield securities. CEO Edward Guinness noted that the fund is intended to provide a necessary layer of diversification to the firm’s existing equity income portfolios.

Meanwhile, Fidelity International has secured a £40 million mandate from the London Borough of Bromley Pension Fund to launch its London Bond Strategy. This vehicle directs capital toward organizations that underpin the capital's economy, specifically targeting physical infrastructure and major regional employers. Managed by Ian Fishwick, Kris Atkinson, and Shamil Gohil, the strategy aligns with broader policy goals encouraging local government pension schemes to invest closer to the communities they serve while maintaining rigorous risk-adjusted return standards.