Bonds

This year has once again been one where bullish bond investors have been a little smug.

0.25% charge on £100,000 investment

Managed by Jeff Kernagis

Modern and cost-efficient

Had previously seen significant outflows

Maximum six year duration

Re-rated to 'selective default'

Will launch range of US strategies

Focusing on global high yield

Increasing correlation between bonds and equities, rising interest rates, increased geopolitical risk and potentially overheating markets appear to have eroded many of the diversification benefits of the 60:40 balanced portfolio.