high yield

Mike Della Vedova, manager of the T. Rowe Price European High Yield Bond fund, analyses the asset classes to choose from when investing in a challenging fixed income cycle.

Hargreaves Lansdown has removed the £1.7bn Kames High Yield Bond fund managed by Phil Milburn (pictured) from its Wealth 150 list, pointing to concerns over the asset class in general.

US high yield bond funds and ETFs have seen record outflows this week, according to Lipper data, amid a spike in yields for the asset class in both the US and UK.

The ever-faster treadmill of new issues in high yield gives plenty of scope for letting standards slide. Perhaps it is better to focus on established borrowers, argues Donald Phillips, manager of the Baillie Gifford's High Yield Bond fund.

Kames Capital's bond manager Phil Milburn has been finding investment opportunities in the new issue market this month after increasing the cash weighting in his High Yield Bond fund.

Are high yield bonds worth the risk as leverage grows?

Old Mutual Global Investors is to unveil a high yield fund for Christine Johnson and Bastian Wagner.

Bond managers have welcomed a series of European high yield ‘megadeals' offering a cheaper alternative to typical issuance.

EUROPEAN HIGH YIELD

ING Investment Management plans to launch two funds in April in order to give UK and European investors broader access to its debt strategies.