Big Question: What are your biggest performance drivers of 2012?

Paul Brain, manager, Newton Global Dynamic Bond fund   High yield bonds The best performing fixed income asset class for us so far this year has been the high yield bond sector. A combination of low cash rates and improving corporate profits has attracted investors to the asset class. The eurozone troubles were temporarily put on hold allowing liquidity to flow and yields to decline. This cosy scenario is expected to be short-lived as the underlying problems in the eurozone come back to haunt the market. Weaker economic growth in northern eurozone and very weak growth in the so...