Schroders unveils EM high income bond fund

Schroders has launched the ISF Global High Income Bond fund, offering a high level of income by investing in emerging market sovereign, corporate and developed market high yield debt.

The fund will be managed by Warren Hyland, a global bond fund manager at Schroders, who will actively allocate assets between the three high yield fixed income sectors, while employing active currency management. Hyland will be supported by Schroders' fixed income team, comprising a global network of 25 credit analysts and 30 specialised portfolio managers. Schroders says the increasing popularity of emerging market corporate bonds has been fuelled by their lower levels of leverage relative to developed countries, along with attractive valuations and strong growth stories. The impr...