First State Investments has appointed a team of high yield investment professionals to expand the firm's fixed income capabilities.
Based in New York, the team is led by Matt Philo and will manage sub-investment grade corporate bond portfolios. Philo joined First State in May 2016 from MacKay Shields, where he was head of high yield....
0.25% charge on £100,000 investment
Sector launched in April this year
Targeting €1trn AUM by end of 2020
Groups firming up plans
Managed by Jeff Kernagis