Managers expect 'once in a lifetime' returns from high yield despite market carnage
Topping up exposure on weakness
Bond managers and fund buyers remain positive on high yield, despite recent turmoil in the asset class, and have been adding to their positions on weakness.
US high yield bonds has been pumelled as concerns over defaults in the energy sector following fresh oil price falls to seven-year lows, jitters over impending interest rate rises and liquidity fears prompted...
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