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Products May 4, 2011
Forward Management Focuses on EM Corporate Debt
May 4, 2011 (PLANSPONSOR.com) - 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 emerging market 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.