high yield

Steering clear of energy sector

Topping up exposure on weakness

Third Avenue froze withdrawals from $788m vehicle

To be listed on London Stock Exchange

Fund reaches three-year track record

Recognise boutiques and passive investing

Fund seeded with $21m

Rhys Davies, fixed interest deputy fund manager at Invesco Perpetual and manager of the City Merchants High Yield investment trust, explores what the recent rise in yields in the high yield market means for investors.

In the second of a two-part series, Investment Week asks managers for their views on high yield following the sector sell-off in Q3 and how they are gaining exposure.

A wave of risk aversion hit high yield bonds in Q3. Here, fund managers give their views on the sector after the sell-off and where the sweet spots now lie for investors.