Managers of income-focused multi-manager funds raised their exposure to investment grade bonds in Q1, with the average fund increasing exposure by 2.9% to 19.7%, a four-year high.
Research from Harrington Cooper shows that bonds were "a surprise winner" during the three-month period, which saw gilt yields climb on the back of a sell-off in global bonds as investors grew bullish...
Formerly managed by Bill Gross at Janus Henderson
Opportunity in high yield laggards
Industry Voice: Is uncertainty creating a buying opportunity for active managers or is the UK at risk of becoming a zombie nation due to flagging fundamentals?
Will remain as president