2014
India and Indonesia over-weighted in the portfolio.
Launch of the Asia Value Bond strategy.
2015
EM Asia and commodities holdings increased.
Investment teams established in Hong Kong and Singapore.
2016 2017
6
Two consecutive years of double-digit returns.
2018
A longer duration stance is taken ahead of four Federal Reserve rate cuts in 2019.
2019
AVB returns almost 20% in a single calendar year.
Asia Investment Grade bond strategy launched.
7
2020
Sharp drawdown due to the Covid pandemic but AVB recovers to close the year up 8% in 2020.
8
2021
Sustainability and ESG are fully inte-grated in the fund.
9
AVB exits Evergrande holdings before pressures gather.
2022
India becomes lar-gest country holding, overtaking China.
Asia Diversified High Yield bond strategy launched.
2023
The strategy increa-ses exposure to the financial sector.
AVB is the best performer among its peer group.
