Gibbs sees bonds hit 'sweet spot' for first time in 5 years

SLI's Global Index Linked Bond fund has taken £43m in a month with mandate seeking greater opportunities and liquidity amid difficult UK inflation market

Jonathan Gibbs, manager of Standard Life Investment's £288m Global Index Linked Bond fund, has been managing the vehicle since launch in May 2004. The fund has grown by £43m over the past month, after accounting for 17% of all SLI's mutual fund net sales for the first quarter. It recently picked up performance, ranking 17 out of 47 funds in the IMA Global Bond sector over three months to 1 June, according to Morningstar. Over the past five years, how have things changed? We launched the fund really as an attempt to provide something more exciting in the UK inflation market, which ha...