Canada Life Investments' David Arnaud has expanded an overweight position in sterling-denominated bonds within his Global Bond fund, in a bid to capture gains from the confirmation of a Brexit deal before the end of 2018.
Arnaud, who co-manages the £241m LF Canlife Global Bond fund alongside Kshitij Sinha, said the move is a "tactical short-term call" as the team attempts to "pre-empt positive market movement" as he anticipates...
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