Aggressive approach in high yield rewards Aberdeen's Reed

Head of European high yield at Aberdeen believes low interest rate climate makes income from high-yield bonds more attractive to investors

Paul Reed is head of European high yield at Aberdeen Asset Management and lead manager on the newly-launched Aberdeen High Yield Bond fund.  This is an onshore version of the Luxembourg-domiciled Global High Yield Bond fund. Reed joined Aberdeen in 1991, having previously worked for Friends Provident Life Office and the Merchant Navy Officers Pension fund. Why did you decide to bring the High Yield Bond fund onshore? We launched the domestic version of the high-yield fund in March. It is based on the Luxembourg-domiciled Global High Yield Bond fund, which we have run since March 200...