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Products May 4, 2011
Forward Management Refocuses on EM Corporate Debt
Forward Management, LLC has relaunched the former Forward
International Fixed-Income Fund with a new name, a new strategy, and a
new sub-adviser.
Reported by Rebecca Moore
The company says the Forward EM Corporate Debt Fund (FFXIX) is among the first with a mandate focused primarily on emerging market (EM) corporate debt. Forward has selected SW Asset Management, LLC, a Newport Beach, California-based global credit manager that specializes in EM corporate debt, as sub-adviser for the fund.
The Forward EM Corporate Debt Fund is offered in Investor
Class, Institutional Class and C Class shares. It is available through
Charles Schwab, Commonwealth Financial Network, LPL Financial, Matrix
Clearing, National Financial/Fidelity, Pershing, Raymond James and TD
Ameritrade.
The fund is the fourth mutual fund that Forward has
introduced or relaunched in recent months. The firm is considering
introducing a long/short version of its EM corporate debt strategy later
this year.