Could flock of fallen angels rock Europe’s debt markets?
As growth slows, a flood of downgrades may have a knock-on effect on wider debt markets
As growth slows, a flood of downgrades may have a knock-on effect on wider debt markets
The Adviser Centre recommends high yield fund run by Martin Reeves
UK’s biggest retail fund has 61% held in investment grade bonds, its highest ever weighting
Iceland among the bond issuers capturing attention in the high-yield space
High yield ETFs have a reputation for poor tracking difference, but 7IM senior portfolio manager Peter Sleep argues there are still ways for passive investors to access the asset class.
The number of trusts primarily investing in equities that have a yield of at least 4% has increased to 21 compared with 13 in September 2017, according to Stifel research. Portfolio Adviser looks at the top-10 highest yielding in the sector.
Skittish investment in high yield and robust demand for emerging market debt led the action by European bond funds over the last year, but will this trend continue?
Ex-Kames fixed income duo David Roberts and Phil Milburn disclose details about the three strategies they are busy cooking up at new home Liontrust, with the first product potentially launching by the end of March.
State Street Global Advisors (SSGA) is focusing part of its fixed income portfolio on global convertible bonds due to expectations of higher interest rates and a stronger equity market over the next 12 months, but fund selectors are only mildly interested in the asset class.
BlackRock has launched a fixed-term high yield bond fund, which primarily invests in US dollar denominated high corporate bonds with five-year maturities.
Baillie Gifford has promoted two staff to co-manager level on two of its bond funds to replace outgoing heavyweights, Stephen Rodger and Donald Phillips.
Andrew Harman, senior portfolio manager at First State Investments, believes strength in emerging market equities, rising inflation and low high-yield spreads will influence the firm’s multi-asset portfolio positioning in the year ahead.