Threadneedle has altered the investment policy of its £406m Strategic Bond fund to allow the use of derivatives for investment purposes.
Managed by Barrie Whitman, the fund aims to achieve a total return through income by investing in UK and European fixed interest securities, including government bonds, investment grade credit and high yield debt. As of 1 December, Whitman is able to use derivatives and forward transactions to help achieve the fund’s investment objective and enhance returns. “Fixed income markets have continued to develop and they now feature more complex instruments and investment strategies. In parallel, funds investing in these markets have also continued to evolve,” Whitman said. “We believe th...
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