Perk up your fixed income picks
New year, and with many commentators predicting a renaissance in risk assets it’s time to review your fund holdings… especially your fixed income exposure.
New year, and with many commentators predicting a renaissance in risk assets it’s time to review your fund holdings… especially your fixed income exposure.
BNY Mellon has launched a UK share class for the Luxembourg-domiciled WestLB Euro Credit Short Duration Fund.
Flows into bond funds reached 20bn across Europe in November, the second-best month since Morningstar first began collating the data in 2007.
Janus Capital has launched Global Flexible Income Fund, an Irish-domiciled Ucits vehicle investing across both investment grade and high yield credit with an emphasis on capital preservation.
Corporate credit specialist Muzinich & Co has added an income share class to its Transatlanticyield Global High Yield Bond Fund.
Claire McGuckin has become supporting manager to Phil Milburn and Melanie Mitchell on Kames Capitals high yield bond funds.
Swiss-based Vontobel has launched a Luxembourg-domiciled high yield bond fund targeting an annual return of between 5% and 9%.
Kames Capital is to increase the annual management charge on its High Yield Bond Fund.
Swiss banking group Syz & Co has expanded its Luxembourg-domiciled Sicav range with the launch of the Oyster Global High Yield Fixed Income Fund.
High yield bond funds saw record inflows of $4.7bn last week as risk appetite returned among investors.