F&C and Aegon top Global Bond sector

Top performers Fatima Luis and David Roberts highlight the benefits of high-yield allocation in recent years

Fatima Luis' F&C Maximum Income Bond fund more than trebled the return of the average Global Bond vehicle over three years to the end of January, coming out as the top performer overall. Over the cumulative timeframe, the F&C product made a bid to bid gain of 34.77% against the sector average of 8.57%, according to data from Standard & Poor's. According to Luis, the fund outperformed as a result of holdings at the lower end of the credit spectrum, which she also cites as a reason for the fund posting the highest alpha figure in the sector. The fund's alpha posting was 9.4 compared to the ...