The average strategic bond fund now holds less than half its assets in the UK, as managers "starved" of opportunities rotate into Europe, the US, and emerging market debt.
Data from FE shows the average weighting to the UK across the IMA Strategic Bond sector fell to 49% as at 31 March, down from 56% at the end of 2013 and 63% a year ago. Managers have been exploring...
18 funds affected
26 years in financial services
Latest news and analysis
High allocation to cash
Backed by Schroders, LGIM and the IA