high yield

To circumvent the interest rate and the liquidity risks in high yield, Olivier Debat, senior investment specialist, global & absolute return fixed income, at Union Bancaire Privee, looks at if CDS indices are the answer

Caspar Rock, head of Architas Multi-Managers

HSBC Global Asset Management's Caroline Hitch is reducing exposure to equities in favour of credit in the firm's $8bn World Selection portfolios as she fails to find "compelling" valuations for shares.

The M&G Episode Income fund has seen a substantial shift in asset allocation over the past 12 months, boosting returns to drive it up the sector rankings.

Invesco Perpetual has promoted Asad Bhatti to join Paul Causer and Paul Read in managing the firm's high yield fund.

L&G Investment Management has appointed Omar Saeed as a senior fixed income manager.

Distribution Technology (DT), a provider of risk profiling tools to hundreds of adviser firms, has introduced high yield bonds to eight of its ten risk models for the first time.

Former Scottish Widows Investment Partnership (SWIP) Mark Benbow has joined Kames Capital as an investment analyst in its high yield bond team.

Jason Vaillancourt, co-head of global asset allocation at Putnam Investments and co-manager of the CF Canlife Total Return fund, on taking advantage of recent market volatility.

After strong moves in high yield over the last six years, investors would be right to re-evaluate holdings. But are there any compelling alternatives? Russell Investments' James Mitchell explores.