Corporate bonds emerge from tough 2007

Rathbones' Bryn Jones and Newton's Paul Brain discuss developments within the corporate bond sector, a divided market among intermediaries and brokers

This week's Conjecture debate focuses on the corporate bond market - a sector that has divided intermediaries and brokers. Joining Investment Week is Paul Brain, director of investment management for fixed income at Newton Investment Management, and Bryn Jones, investment manager at Rathbone Unit Trust Management. How have you both fared during the recent market volatility? Bryn Jones (BJ): It has been very tough over the past six months. One plus is that we are predominantly investing in investment-grade bonds, so we own a lot of AAA issuers. On the flipside, we hold quite a few ...