Aviva's Lake: Tip of the Week

TIP OF THE WEEK

Aviva Investors' Andrew Lake explains why Central European Media, Reynolds and Exova are top picks for any high yield portfolio.

The high yield market continues to perform strongly in the face of economic headwinds, which have been increasingly offset by steadily improving company results over the course of 2010. The hunt for yield continues, and this environment makes it harder for investors to add value, given yields are historically low and idiosyncratic situations have for the most part played out. There are, however, still a couple of interesting credits I think warrant a second look. Central European Media (CETV) CETV is a media company occupying leading market positions in the Slovakian and Czech broad...