Annabelle Williams talks to wealth managers about where they are still finding value in the corporate bond space and how their allocation to the sector has changed over the past months.
Hector Kilpatrick, chief investment officer, Cornelian Asset Management We rotated some of our fixed interest exposure in to equities in the first week of January, having moved some in September last year. We sold out of both the Fidelity Institutional Sterling Core Plus Bond and the M&G Corporate Bond funds, while we also sliced the top off the Pimco Global Investment Grade Corporate Bond fund. We felt, firstly, we would like more exposure to equities. But also, within fixed interest we wanted to rotate exposure towards more strategic funds and funds where there is protection against...
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