Investors can find some attractive opportunities in bond markets amid the turmoil, according to SWIP's Steven Logan, co-manager of the group's £1.3bn High Yield Bond fund.
Logan said as bonds and stocks fall across Europe, investors can find a number of opportunities to snap up attractive securities, with new issues priced more competitively. "Period corrections in the market are healthy, it reduces complacency and means new bond issuance is priced more attractively," he said. Logan favours some high yield stocks in troubled countries, such as the Italian mobile network provider Wind, and is keeping an eye on large investment grade companies in troubled regions, such as Spanish and Greek telecoms companies, which potentially offer interesting opportunit...
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