Quality bonds shield Hamilton from turmoil

Jupiter manager's quality bond plays deliver attractive yields amid turmoil as forced selling results in below-par prices

John Hamilton says his cautious stance on Jupiter's Corporate Bond fund has been paying its dues as the fallout of overpriced assets like CDOs continues to hurt the market. His long-standing preference for good-quality bonds is delivering in the current market turmoil, adding forced selling by distressed hedge funds, for instance, has driven bond prices down way below par, resulting in very attractive yields. The £109m Corporate Bond fund outperformed the benchmark over one, three and five years, posting cumulative returns of -3.4% bid to bid over one, -4.9% over three and 4.9% over fiv...