Neptune launches Corporate Bond fund

Neptune has soft launched a new Corporate Bond fund, the boutique's second bond product.

It will be managed by Ted Alexander, who runs the Neptune International Bond fund, which was soft launched late last year. Neptune Corporate Bond will predominantly hold a diversified portfolio of sterling denominated investment grade corporate bonds and other sterling denominated fixed income assets. "We have continued with our strategy of soft launching all new funds and recently started running the Neptune Corporate Bond fund," Neptune Investment Management deputy managing director Richard Green says. "However, this is a long-term strategic addition to Neptune's fund range and w...