High-yieldophobia: EM credit cynics not living in real world
Investors dreading emerging market corporates being hit by a US interest rate rise are not living in the real world, according Ashmore Investment Management’s Jan Dehn.
High Yield
-
-
Risky bonds – firmly back in European favour
Emerging market debt and high yield bonds, which have had some pretty high inflow volatility recently, are now firmly back in favour with European investors.
-
Mis-rated bond funds may be misleading investors
Increasing bond market illiquidity may be causing investors to buy funds with miscalculated ratings, according to Fundhouse.
-
Investors should stick with high-yield in the face of Greek crisis
Investors should keep faith with high-yield as the European bond market braces for choppy times ahead, according to some fixed income experts.
-
JPMAM’s Lanning takes cash weighting to unprecedented level
A cutback on equities exposure has resulted in JP Morgan Asset Management’s Fusion fund range holding its highest-ever cash exposure.
-
Jupiter Strategic Bond cuts high yield exposure
Jupiter Strategic Bond Fund manager Ariel Bezalel has cut high-yield holdings to 55%, from a peak of around 70% last year, on the belief that the market is showing late-cycle symptoms.
-
Invesco adds deputy high yield fund manager
Invesco Perpetual has announced the appointment a new deputy fund manager to its High Yield Fund.
-
OMGI targets exciting middle ground
Having raised just under $80m since its official launch in September, the managers of the Old Mutual Monthly Income High Yield Bond Fund, say it is well positioned to capitalise on continuing opportunities in the global bond market.
-
Has the high yield exodus begun
European investors pulled out a net 5bn from USD corporate high yield funds alone in July.
-
How to not if is the question bond investors
Investors should be asking how to, rather than if they should be getting into fixed income, argues JP Morgans Nick Gartside.
-
MG warns on dangers of burrito bonds
M&G has warned investors on the dangers of investing directly into some retail bonds such as fast food chain Chilango’s ‘burrito bonds’.
-
If it rolls floats or flies dont lend it money
There is an interesting debate going on in the world of fixed income currently. Is high yield credit a cyclical asset class or a structural growth story?
