Recommendation by Thomas Portig: Flossbach from Storch Bond Opportunities
In the face of a challenging market landscape with rising interest rates, the Flossbach von Storch Bond Opportunities fund presents a solution for investors seeking a defensive investment structure. This globally diversified bond fund, managed by Frank Lipowski, focuses on active global bond management and is suitable for a defensive investment strategy.
The fund, with an ISIN of LU0399027613, invests in a variety of bond types, including corporate bonds, government bonds, and covered bonds. It demonstrates that Flossbach von Storch can manage more than just mixed funds, as shown by Lipowski's work. The fund is not limited to investment-grade bonds, but also invests in bonds without ratings or below investment grade, offering a broad investment scope.
Lipowski, an analyst and fund manager at Flossbach von Storch since 2009, has developed a fundamental analysis process that utilises in-house research provided by the company. This approach integrates Environmental, Social, and Governance (ESG) criteria, engagement, voting, and exclusion criteria in the security selection process.
The fund, which currently manages approximately 5.7 billion euros, employs a strategy that aims for flexible opportunities in bonds worldwide while managing risk prudently with currency hedging. It is important to note that this fund does not track any benchmark index, emphasising a discretionary portfolio composition based on the fund manager's criteria rather than benchmark constraints.
In terms of performance, as per the data up to June 30, 2025, the fund's gross performance (using the BVI method, which includes all fund-level costs such as management fees) is available but was not explicitly numeric in the excerpt. However, it is noted that the fund's volatility over the past 3 years is 6.4 percent.
If you are interested in subscribing to the Flossbach von Storch Bond Opportunities fund, a confirmation email has been sent to activate your subscription. If you haven't received the email, please check your spam folder as well.
Bonds play a crucial role in a balanced portfolio, even in challenging market phases. The Flossbach von Storch Bond Opportunities fund offers an active investment approach that could be a valuable addition to your investment portfolio.
References: [1] Flossbach von Storch. (n.d.). Flossbach von Storch Bond Opportunities. Retrieved from https://www.flossbach-von-storch.com/en/investment-funds/funds/equity-funds/flossbach-von-storch-bond-opportunities.html [2] Morningstar. (n.d.). Flossbach von Storch Bond Opportunities Fund. Retrieved from https://www.morningstar.co.uk/uk/funds/snapshot/snapshot.aspx?id=GB00B4T2KY81®ion=GB&culture=en-GB
In the context of a challenging market with rising interest rates, the Flossbach von Storch Bond Opportunities fund, with an ISIN of LU0399027613, offers a defensive investment strategy within the realm of finance. This fund, managed by Frank Lipowski, invests in various bond types, such as corporate bonds, government bonds, and covered bonds, providing a broad investment scope that extends beyond investment-grade bonds.
