Income and stability

David Roberts, head of credit analysis at Britannic Asset Management, says there is still mileage for investors in the corporate bond market despite its recent good run, particularly those looking for dependable returns

There are four things I'd like to touch on in this article. By way of setting the scene, I'm going examine at the recent history of the corporate bond market and look at the way the market is now. Then I'll use Britannic's corporate bond fund to examine whether a portfolio composed almost entirely of corporate bonds can meet the needs of today's fixed interest investor, and finally touch on our current market view. It seems that everyone has been talking about corporate bonds. Corporate bonds and corporate bond funds seem to have been the new asset class over the last couple of y...