Aviva Investors expands global bond offering

Aviva Investors has launched a Global Short Duration High Yield Bond fund for senior high yield portfolio manager Jeremy Hughes.

The SICAV fund invests in high yield corporate bonds from across the world, with an average maturity of less than five years. "The challenging economic conditions of the past few years have prompted institutional investors to increasingly reduce risk in their portfolios while trying to maintain strong levels of income," said Todd Youngberg (pictured), global investment director of fixed income and head of high yield investments. "Addressing the duration of bond investments is an important step in this process as it defines both price volatility due to spread movement and interest rat...