high yield

Bond yields at record lows

Take advantage of price anomalies

No change to investment mandate

Should 'alleviate financial shocks'

Easier to trade when liquidity dries up

Last year a mini-tornado blew through energy markets as oil prices tumbled. This swept up many firms at the heart of the US fracking boom that had grown through high yield debt. The wider high yield market took a fair bit of collateral damage.

Deadline of 27 June

Claire McGuckin to leave firm

Multi-asset managers tell Investment Week their current US positioning in the face of further market volatility as interest rate rises and the presidential election loom later in the year.

Next fund to be removed