SLI's MyFolio funds make first ever foray into global corporate bonds

Run by Bambos Hambi

Standard Life Investments' MyFolio team, headed up by Bambos Hambi, have added exposure to global corporate bonds for the first time since the £10bn fund range was launched in 2012.

In its quarterly review, the firm said it had made two changes to its long-term strategy allocation, which has a ten-year time horizon, in order to improve the prospects for returns. This is only the fourth time the strategy has changed its long-term allocations since the range was launched seven years ago, compared to its tactical positions which have a time horizon of only three to 18 months and are therefore changed more regularly. The team has added exposure to global corporate bonds and global short-dated corporate bonds, while also added global REITs. All of these are sterling h...