The asset managers topping FundCalibre's bond outperformers chart

Eight groups awarded elite provider rating

Royal London has headed ratings agency FundCalibre's list of top performing bond funds over the past five years, outperforming its peers by an average of 9.6% over the period.

In total, FundCalibre, a joint venture between Albemarle Street Partners and Chelsea Financial Services, awarded eight bond fund groups its elite provider rating for delivering outperformance to clients. Royal London, which oversees £3.4bn of assets under management, was followed by Insight, which outperformed by an average of 6.3%, and Invesco, which was 5% ahead of peers over the period. FundCalibre said specialist bond houses typically performed better than groups which have most of their assets in equity funds. These included fixed income specialists PIMCO and Insight, which did n...