Liontrust's Milburn: 'Bond prices are absolutely crazy'

Fixed income manager takes a more cautious approach

Lauren Mason
clock • 3 min read

During his first year co-managing Liontrust's suite of fixed income funds, head of investment strategy for global fixed income Phil Milburn said the team's punchiest call has been to triple its Strategic Bond fund's exposure to high yield assets during the market sell-off in Q4 in 2018, and then to slash its weighting by two-thirds just a few months later.

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