Commercial property sector is now offering good yields as well as good valuations, says SLI's Andrew Milligan
Old Mutual Corporate Bond fund manager Stephen Snowden has warned the value in many investment grade credit funds has been completely exhausted despite the overall market remaining at distressed levels.
PSigma Investment Management CIO Thomas Becket is adding BlueBay's Emerging Market Corporate Bond fund to the group's fixed interest portfolios.
Managers say low return on cash and search for yield will support fixed income market
Given the magnitude of the contraction in credit spreads in 2009, it is reasonable for investors to question whether there is scope for further progress in 2010.
Whether markets will be able to absorb the huge government debt issuance that will be forthcoming once the Bank of England's quantitative easing programme ends is a hot topic at the moment.
For some time we have primarily focused on defensiveness which has proved pertinent in terms of performance.
This week's panel discuss the future of corporate bonds going into 2010
We believe 2010 will be another good year for corporate credit but we do not see the double-digit returns for UK investment grade corporates being repeated.
Top five funds in IMA Strategic Bond sector all return above 4% over one year against an average of 23.1%