Five of the Best: High yield bonds

Thomas Samson, portfolio manager at Muzinich & Co, looks at the high yield bonds to own in an uncertain environment.

In July of this year Muzinich & Co added a retail share class to its £1bn Short Duration High Yield Bond fund, originally launched in October 2010. Thomas Samson has worked for the company for the past five years, having previously been a high yield analyst at Trafalgar Securities. 1. Wind Italy This Italian telecom operator has been bought by Russia's VimpelCom in 2010, a large telecoms group with a market capitalisation of $18Bn. The VimpelCom management said they would refinance the Wind bonds early in 2013 because of Vimpelcom's lower cost of financing, which means the 2017 Wind bon...