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H2O Multibonds R

Ranked 216 out of 1055 in - Global over 12 months
All calculations are in USD

Managed by

Bruno Crastes

A mathematics graduate from the University of Lyon, and a qualified actuary, Bruno Crastes started his career in finance as a proprietary trader on the global bond markets for Banque Louis Dreyfus in 1988. He began managing global fixed income portfolios at Crédit Agricole Asset Management in 1990 and his quick rise through the ranks at the company saw him appointed head of international fixed income in 1997 following the merger between Indosuez Asset Management and Segespar, the predecessor of CA Asset Management. Crastes was made CIO and deputy CEO of CAAM’s London operation in November 2002. In 2010 he set up H2O Asset Management alongside Vincent Chailley.

Objective

The fund seeks to outperform its reference index (JP Morgan Government Bond Index Broad) by 1.6% p.a. over a 3 years recommended investment period. The fund implements a Top Down Global Macro investment strategy. Diversification is the key alpha driver. The performance is driven by the directional and relative value positions of the portfolio manager within a global fixed income investment universe (developed or emerging markets).

Showing fund performance globally. You can view performance in individual jurisdictions.

Performance

Global over : 30/06/2014 - 30/06/2015
  • Rank 216/1055 Total Return
  • Rank 1039/1055 Standard Deviation
  • Rank 576/1055 Max Drawdown

Total Return

Quarterly Performance

to 30/06/2015 Annual Q1 Q2 Q3 Q4
2015 7.1% -12.1%
2014 14.2% 9.3% 2.9% 5.3% -3.7%
2013 15.8% -0.2% 6.2% 3.2% 5.9%
2012 40.8% 10.8% -2.2% 16.4% 11.6%
2011 -11.5% 2.6% -4.1% -11.2% 1.3%
2010 -1.8%

Month by Month Performance

Returns Vs Risk

Registered For Sale In

  1. France
  2. Italy
  3. Netherlands
  4. Singapore
  5. Switzerland
  6. United Kingdom

Fund Info

  • Launch date23/08/2010
  • Share Class size563Mn
  • Base currencyEUR
  • ISIN FR0010923375

Purchase Info

  • Min. initial investment0
  • Min. additional investment0

Charges

Related News

Ex-Amundi bond star latest to join Crastes’ boutique

Previously Citywire AAA-rated manager joins host of former workmates at London-based asset manager, Citywire Global has learned.

Turning the tables: H2O’s Bruno Crastes

The H2O Multibonds manager explains how a more active approach to playing the eurozone has led to a performance revival.

Bruno Crastes: investors will soon pay heavy price for QE stimulus

The Citywire AA-rated bond manager reveals his latest power trades and why beta managers need to 'make their own revolution' to survive.

Boutique star Crastes plans European expansion in 2014

The Citywire AA-rated manager and founder of H2O AM outlines plans to register his funds across Europe.

Performance is for the period shown (month end to month end, bid/bid, gross income reinvested, calculated in USD).