Old Mutual's Stewart Cowley has increased exposure to corporate bonds from 15% to 25% this year in his Global Strategic Bond fund, focusing mainly on the lower end of investment grade.
OMAM Global Strategic Bond manager mixes consistency with questions, using flexibility in a diversified portfolio to outperform his peers
Corporate bonds have recovered strongly over the last 12 months and we believe the recovery has further to run, albeit at a more moderate pace.
The near-term outlook for sterling credit continues to look positive, encouraged by an increasingly robust corporate sector, a slowly improving economy, and a favourable market environment.
Skandia Investment Group is adding an investment grade corporate bond fund to its Dublin-based range of single-manager products.
Despite the significant gains generated in bond markets in 2009, we believe the case for corporate bonds remains strong.
Top-performing fixed interest manager Paul Reed is maintaining his focus on lower-rated bonds in 2010 after noting an easing of default risks.
J.P. Morgan Asset Management's Bob Michele intends to double his exposure to emerging market debt by the end of the year.
Augustus Asset Managers' funds are to invest more heavily in convertible bonds as it feels the equity risk premium is now higher than the premium it can earn on vanilla bonds.