Murray among managers believing worst is over

Swip's Neil Murray has benefitted from upping risk profile on Corporate Bond Plus in recent months, with top-decile three-month returns

Swip's Neil Murray has joined the ranks of UK corporate bonds managers who believe the worst is over for the sector and we are left with enticing opportunities. The manager is already benefiting from upping his risk-profile during the worst of the crisis and is top-decile over three months according to Morningstar. "On a long-term basis, I am bullish," he said. "If you are thinking of buying on a one-year plus basis, then it is definitely the time to be thinking of corporate bonds. Spreads are at an all time high and could still go higher." The £1.5bn Swip Corporate Bond Plus fund w...