Pricing inefficiencies are there to be exploited

Anthony Fletcher uses expertise of five specialist fixed income desks plus range of derivatives to add value on his Aberdeen Corporate Bond fund

Anthony Fletcher joined Aberdeen via the acquisition of Deutsche Asset Management's London and Philadelphia fixed income businesses in 2005. Fletcher currently manages the group's recently restructured Corporate Bond offering. Under the amended structure, he has adopted an interest rate and currency overlay to add value from the direction of markets. Benchmarked against the Merrill Lynch Sterling non gilts index, the fund may also invest in derivatives, including forwards for hedging and investment purposes. The manager aims to add value by exploiting market inefficiencies in the areas o...