Rathbones to launch Strategic Bond fund

Rathbones Unit Trust Management has unveiled a Strategic Bond fund to be managed by Bryn Jones.

Launched on 3 October, around 50% of the fund will be invested in sterling-denominated government bonds and investment grade corporate debt. The remainder will focus on collective investment vehicles, such as high yield and emerging market debt, distressed debt and credit alternatives on a best-of-breed basis. Jones will be supported by David Coombs, head of multi-asset management, who will be in charge of the collective investment vehicle investments, while Jones will focus on his main areas of expertise - gilts and corporate bonds. "Whilst a number of other strategic bond funds have...