About Fixed Income In KWAP
Fixed income instruments such as Government bonds, corporate bonds and treasury instruments comprises approximately 60% of KWAP's overall investment portfolio. KWAP is an active player in both the local primary and secondary capital markets.
Our main objective as fixed income fund managers revolves around the search for the best value fixed income investments which minimises risks and maximises returns on our investment portfolios over various market environment.
Our strategic objective is to outperform the benchmark by judicious selection and trading of fixed-income instruments in order to achieve a high total rate of return on our investments while at the same time maintaining a prudent risk management process in accordance to KWAP Investment Policy and Guidelines.
In recent years, we have launched several initiatives that enable a more proactive approach in the management of our fixed income investments which includes enhancing portfolio risk management as well as increasing returns via fee-based income.
We target to build a diversified portfolio from a global set of opportunities via:
- Construction of portfolios that are in line with KWAP Investment Policy and Guidelines
- Identification of macro investment themes that drive the fixed income markets, with emphasis on the duration, yield curve and individual sectors
- Development of in-house credit scoring and assessment system
- Risk allocation via quantitative analysis to maximise investment efficiency.