PSigma's Bill Mott has positioned his £452m Income fund with a bias towards defensive high yield sectors, which he says have never offered such compelling value.
Some parts of the high yield bond market do not have all the default risk priced in, warns Invesco Perpetual's Paul Read.
OPM Fund Management has seeded funds from JPM and Axa through its Balanced Managed and Fixed Interest fund of funds.
Mike Pinggera, the head of Insight's multi-asset group, has added Axa's US Short Duration High Yield fund across the firm's range of portfolios.