Bond managers have welcomed a series of European high yield ‘megadeals' offering a cheaper alternative to typical issuance.
ING Investment Management plans to launch two funds in April in order to give UK and European investors broader access to its debt strategies.
M&G corporate bond fund manager Stefan Isaacs finds discussion of high yield headwinds strangely absent from a recent conference.
The Investment Management Association has moved 25 funds into the newly launched Global Emerging Markets Bond sector, which went live on 31 December.
M&G has appointed James Tomlins as co-manager of its £1.3bn High Yield Corporate Bond fund with immediate effect.
Psigma Investment Management has teamed up with City Financial to launch a European high yield fund for its head of credit John Sullivan.