During periods of sharp recovery, investors seek out companies that share a combination of characteristics including poor relative returns in the market decline, attractiveness on stable measures of value such as book-to-price and high financial and operational...
Investor keenness in sector pushes prices up sharply but long-term case remains intact
Top five funds in IMA Strategic Bond sector all return above 4% over one year against an average of 23.1%
It is very hard to make any convincing predictions after such a turbulent, but ultimately very rewarding year in 2009.
This year began broadly as expected, with most believing that the losses of 2008 would take years to recover from.
Marlborough manager takes £34m fixed interest vehicle to top of peer group over one year
After the losses suffered in 2008, this year has proven something of a pick-up, with investors developing sharper defense mechanisms in the wake of the credit crisis. But what is providing the momentum driving investors into 2010?
New Star High Yield Bond manager says bottom-up approach clouds bigger picture
It is enough to give you vertigo. Corporate bonds have had a wonderful six months.
Re-opening of capital markets has been critical to credit health, which has in turn led to the recovery in high-yield markets