active management

global/emerging market bonds

Felix Martin

Fund Manager & Founding Partner


Felix Martin joined 1167 Capital as a founding Partner in 2016.  Felix began his career as an Economist at the World Bank in Washington, DC in 1998.


Between 1998 and 2008, he spent two spells at the Bank, working mostly on sovereign lending programmes and debt restructuring in Eastern Europe, in close co-operation with the European Commission, the IMF, and the US Treasury.


In 2008, Felix joined Thames River Capital as an Economist and Investment Analyst advising on sovereign and corporate investments across all areas of the fixed income markets for the Global Credit Division’s five UCITS funds.  In 2013, he joined Liontrust Asset Management as co-manager, with Michael Mabbutt, of the Liontrust Global Strategic Bond Fund.

Felix is the author of Money: The Unauthorised Biography – which was a Financial Times economics book of the year in 2013.

Felix graduated from Balliol College, Oxford with a First Class degree in Classics in 1996.  In 1998, he gained an M.A. in International Relations from John Hopkins University’s School of Advanced International Studies, where he was a Fulbright Scholar.  Between 2001 and 2006 he gained first an M.Sc. and then a D.Phil. in Economics from Oxford University.

Forthcoming Events

Global High Income Bond Fund Portfolio Update

Monthly Podcast “Hear one the fund’s co-managers cover recent portfolio activity, performance attribution and immediate outlook in this monthly commentary.”

How to position for the arrival of the world’s second superpower

Please join Michael, Felix and myself on the 22nd September at 10am (UK time) as we look to provide a further update on China and its government bond market, as well as introduce the 1167 Active Funds ICAV - China Government Bond Fund that we intend to launch this November, subject to regulatory approval. Most of us are already aware of China as an equity story. Yet the surprising thing is that it is China’s government bond market which has delivered the more enviable performance relative to its G10 equivalents over the last two decades. With consistently positive yields, low capital volatility, and a proven track record as ballast when global risk assets hit rough waters, China government bonds are one of the last great undiscovered asset classes. We strongly believe that the China Government Bond Fund will be a great addition to your portfolio's and we welcome you to learn more about this exciting asset class. Click here to Register

The View from 1167

Quarterly Webcast “The quarterly Webcast series is designed to give you regular insight into what fund managers: Michael and Felix are thinking in relation to global sovereign bond and currency markets.  It will not focus on our Funds, but instead offer a forum to share our latest strategic analysis with you - and provide an opportunity for you to ask any questions you may have directly to the PMs, or indeed myself… These webcasts will be great for analysts, portfolio managers, and prospective investors alike, who may wish to benefit from our insights into this asset class that we are researching day in and day out.” Click here to Register

If you would like to register for any of our events, please enter your details and we will respond shortly.

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