Only for professional clients
Choose from three fund strategies
Flossbach von Storch -
Bond Opportunities
This global fixed income fund invests flexibly and diversely in corporate bonds and treasury bonds, as well as covered bonds. Depending on their assessment of the market, the manager may also opt for bonds that offer higher returns but are of lower quality than investment grade.
Flossbach von Storch -
Bond Defensive
This globally diversified bond fund focuses on generating stable returns over time. To this end, the fund manager invests in a broad range of government bonds, covered bonds and investment-grade corporate bonds across the entire spectrum of the bond market. The aim is to achieve a moderate duration profile.
Flossbach von Storch -
Bond High Conviction
This global fixed income fund follows the same flexible and diversified philosophy as its balanced counterpart, Bond Opportunities, but with the aim of improving returns. To consistently achieve higher returns than traditional fixed income instruments, the manager carefully selects investments, paying attention to duration, duration structure and credit risk groups.
Why we are the right partner
As an independent asset manager, our sole commitment is to our investors and clients – over one million people across Europe.
Our investment strategies are oriented for the long term – and have received numerous awards.
27 years
Extensive experience since our company was founded in 1998
400 employees
Active on behalf of our private clients and institutional investors
EUR 70 billion
Assets under management, including investment and special funds
Flossbach von Storch - Bond Opportunities - I
Anti-cyclical
approach
The strategy is based on a comprehensive risk-return analysis.
This is intended to capture the absolute and
relative value and minimise risks. The fund management
can use derivatives to manage credit and interest-rate risks.
Global, flexible
bond strategy
The fund management can invest flexibly and
without restrictions across the entire bond universe. It aims to optimise
returns with a fundamental selection of securities.
The focus is on securities with an issue volume of
at least EUR 300 million (deviations are possible in exceptional cases).
Core investment for strategic
bond allocation
The investment should have the most attractive
risk-return profile possible. The most important value
driversare duration, duration structure and
the distribution of risk clusters.
+3.25 %
Annual return after costs (average)1
+286 BPS
Annualised excess return (alpha) after costs2
100 %
Periods with a positive return after costs3
Past performance is not a reliable indicator of future performance
Recognition for long-term performance and risk management
The Flossbach von Storch - Bond Opportunities fund was awarded the LSEG Lipper Fund Award for Best Global EUR Bond Fund over 10 years in Europe in 2025.1
“Those who want to continue earning money from bonds must think globally, be highly flexible, and take an active approach.”
Frank Lipowski, Head of Fixed Income
Experienced Fund Management Team
The fund has been managed by Frank Lipowski since its launch. He is supported by the Investment Management Team and the Portfolio Director Fixed Income. The investment Management Team consists of 35+ Investment professionals.
Frank Lipowski
Head of Fixed Income
Marcel Bross
Deputy Fund Manager
Lars Conrad
Portfolio Director for fixed-income securities
How to contact us
Carlo Petrachi
1 Source: Lipper Fund Awards of the London Stock Exchange Group (LSEG). © 2025 LSEG. All rights reserved. Used with permission and protected by the U.S. Copyright Act. Distribution, reproduction, transmission or printing of the content is not permitted without prior authorisation. Data as at: March 2025. The annual LSEG Lipper Fund Awards recognise funds and fund companies that have achieved consistently strong risk-adjusted performance compared to their peers. The LSEG Lipper Fund Awards are based on the Lipper Leader for Consistent Return Rating, an objective, quantitative, risk-adjusted performance measurement calculated over 36, 60, and 120 months. The fund with the highest Lipper Leader for Consistent Return (Effective Return) score in each eligible classification wins the LSEG Lipper Fund Award. To be eligible for the award, funds must have UCITS status and be authorised for distribution in at least three of the 30 EEA member states as well as the UK and Switzerland. The Flossbach von Storch - Bond Opportunities Fund was recognised as the best five- and 10-year Bond Global EUR fund in Europe in 2024. The Lipper Leaders fund ratings do not constitute, and are not intended to constitute, investment advice or an offer to sell or a solicitation of an offer to buy securities of any company in any jurisdiction. For more information see http://lipperfundawards.com
2 Source: IPC, Bloomberg, Flossbach von Storch. Performance in EUR from 4 October 2013 as at 31 March 2025.
3 Alpha calculated relative to the Bloomberg Global Aggregate TR EUR Hedge index.
4 Five-year returns, calculated on a monthly rolling basis.