Man GLG launches Sterling Corporate Bond fund for Jonathan Golan

Typical credit rating of BBB to BBB+

Man GLG has launched a Sterling Corporate Bond fund to be managed by Jonathan Golan, who joined the firm in July.

The fund will seek to outperform the ICE BofA Sterling Corporate & Collateralised index, while aiming for an attractive level of income. The latter will be sought via a three-pronged approach, including in-depth credit analysis to uncover bonds that offer yields that overstate the risk of default, identifying alpha opportunities in bonds that are underperforming for reasons not related to the market, and uncovering under-researched medium-sized and smaller issuers. Federated Hermes launches low-carbon bond fund with Swedish partner The high conviction portfolio will be made up of 1...