high yield

Manager of Henderson Extra Monthly Income Bond fund Ben Pakenham, explains why he is adding to risk assets following the Japanese earthquake and subsequent sell-off in high yield debt.

Top multi-managers talk to Joanna Faith about the pros and cons of high yield bonds and reveal their favourite funds in the sector.

Investors' growing appetite for emerging market debt is a cause for concern as the asset class could be set for a correction, says Rathbones' David Coombs.

IS HIGH YIELD STILL WORTH THE RISK?

SWIP is planning a raft of new products to follow the establishment of its US fixed income base.

LGIM's Richard Hodges has added 12% to his high yield positions in the £1.3bn Dynamic Bond trust, and expects to take exposure to 50% this year.

Andrew Lake of Aviva Investors looks at how high-yield has found its place in the market

Janus Capital is launching its first two global bond funds, focusing on investment grade and high yield.

AXA Investment Managers' Andrew Wilmont has taken the Pan European High Yield Bond fund's US exposure to its limit on the view European bonds are becoming expensive.

The yield available on European sub-investment grade debt has fallen to a two-year low as the default rate on the Continent continues to run at almost zero.