Focus on BBs has benefited Cazenove Strategic vehicle

Harvey's decision to reject subordinated high-yield bonds has lifted performance

Cazenove’s Peter Harvey has been identified as a manager who can consistently outperform against sector peers across the market cycle. Harvey, who runs the Cazenove Strategic Bond fund, has been highlighted by Trustnet as one of its Alpha Managers, performing well against peers in both rising and falling markets. The £210.3m Cazenove Strategic Bond vehicle is ranked first out of 63 in the IMA Strategic Bond sector over the year to 16 July, up 1.26% against an average 4.45% decline, according to Lipper. On the three-year view, it is first with a 7.53% return, compared to 7.73% fall for...