Fund Manager Focus: Philip Milburn, AEGON

FUND MANAGER FOCUS

Milburn uses six sources of alpha to reach top quartile

  Aegon manager combines top-down and bottom-up approach to navigate High Yield Bond vehicle to top-quartile status since taking over in 2003. Fixed income manager Philip Milburn has steered the £248m Aegon High Yield Bond fund to top-quartile performance since he took over the fund in 2003. The fund is ranked fourth out of 16 vehicles in the IMA £ High Yield sector over five years to 21 June, up 28% compared to a sector average increase of 22.6%.  Over one year the fund is ranked fifth out of 20 vehicles, up 33.3% compared to an average of 25.9%. Milburn has also managed the...