Little common ground between the top performers in sector, with equity/bond, pure high yield and global portfolios all heading the peer group
The UK Other Bond sector houses a range of funds with different remits, and no single obvious strategy seems to have helped the top performers achieve their returns. Some have played the credit markets on a short-term opportunistic view, while others have sheltered in quality investment grade issues to mitigate losses over the last year. Top of the peer group over the three years to 5 May is Invesco Perpetual's £1.8bn Monthly Income Plus fund, managed by co-heads of fixed income Paul Read and Paul Causer, alongside Neil Woodford. It has returned 19.42% over the period compared to the ...
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