high yield

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.

High yield or ‘junk' bonds have seen a surge of investor interest, pushing prices to the levels seen before the credit crunch.

iShares has launched the first ETF providing liquid exposure to the European high yield debt market.

Stefan Isaacs is taking over from Jim Leaviss as lead manager of the £1bn M&G High Yield Corporate Bond fund from 1 October.

HIGH YIELD RESILIENCE

ON ASSET ALLOCATION