Corporate bonds still offer good value

By John Anderson is corporate bond fund manager at BWD Rensburg With the latest Isa season now f...

By John Anderson is corporate bond fund manager at BWD Rensburg With the latest Isa season now finished, we have once again seen bullish fund managers saying how they are positive for their asset class and how their fund is best positioned to perform well in the forthcoming rally. This year, corporate bond managers appear to be no exception to this rule, even though most admit that UK interest rates have little further to fall and yield spreads over gilts have tightened dramatically during the past year. Their rationale for advising potential clients to buy bonds at a time wh...