Findings come from occasional paper
Campaigned for by the Investment Association
Fixed interest allocation hurt returns
European HY funds lose €1.4bn
Manager of £15.5bn bond fund
The US high yield market spread, measured by the option-adjusted spread on the Bank of America/Merrill Lynch US HY Master II index, has been on a rising trend since the end of 2014. As at the end of January 2016, it sat at around 770 basis points, which...
US high yield bonds are attractive
Property funds have been key beneficiaries of investors' hunt for yield in recent years, with the IA Property sector in the top five most popular investment classifications for the past two years. A record £3.8bn of flows was taken in 2014, backed up...