Hermes

High-yield bonds were particularly affected during the March sell-off, and the asset class is still trading at attractive valuations. At a time when listed companies are cutting dividends, we believe that high yield’s income-generating qualities means that it has the potential to deliver superior risk-adjusted returns earlier on in the market’s recovery.

Hermes' credit team updates investors

Joins from Kames Capital

Flexible-credit funds have the ability to search for opportunities across the fixed-income universe. But with this freedom, how do they avoid style drift?