Sterling Strategic Bonds
Concerns advisers blindly buying into strategic bonds
The return of inflows into sterling strategic bond funds has raised concerns advisers are blindly allocating money into the sector without understanding it is not just a one-stop shop for outsourcing fixed income asset allocation.
Newton launch adds to limited ethical bond fund options
Newton Investment Management has launched a rival fund to the limited selection of ethical options in the Sterling Strategic Bond sector.
Investec launches bond fund for rising interest rates
Investec Asset Management has said it is seeking to capture outflows from gilts and UK corporate bonds as it launches an Oeic version of its Global Total Return Credit Sicav for UK advisers and wealth managers.
Equity volatility hits Artemis and Invesco bond funds
Sterling Strategic Bond funds with large allocations to equities have fallen from top to bottom quartile in the year to date, coinciding with volatility returning to stock markets after a buoyant 2017.
Baillie Gifford rebrands bond fund as manager exits
Baillie Gifford will rebrand its top-quartile Corporate Bond fund as the Strategic Bond fund after the retirement Stephen Rodgers, who departs this month.
Baillie Gifford bond fund confronts rates and manager exits
Baillie Gifford bond manager Lesley Dunn has said the team can maintain top-quartile performance despite the exit of two heavyweights from the fixed income team and a rising interest rate environment.
UK investors pile into bonds and sell down UK equities
Investors piled into the IA Sterling Strategic Bond sector in May, while UK equity funds experienced a net retail outflow of £479m, according to the latest IA statistics.