Fidelity manager prepares to add to corporate debt of winning companies with pricing power.
Past six months in bond markets have seen a reversion to ‘safe haven' assets such as gilts and treasuries
Luke Hickmore, the manager of the £77m SWIP Strategic Bond fund, has upped exposure to high yield and investment grade cross-over indices in a short-term bid to protect the portfolio against unknown risks in the market.
Skandia Investment Group (SIG) has swelled assets in its Strategic Bond fund after merging the Global Fixed Interest Blend and UK Fixed Interest Blend funds into the portfolio.
Investec manager points to change of focus as performance catalyst since taking reins of the group's Strategic Bond fund in 2006.
Australian, Norwegian and Canadian government bonds are the new safe haven for bond investors, Ariel Bezalel, manager of Jupiter's £418m Strategic Bond fund, has said.
Aviva Investors' Chris Higham has slashed risk exposure in his £1.6bn Corporate Bond and £96m Strategic Bond funds, shifting 25% of the portfolio into cash on fears of a bubble forming in risk assets.
Goldman Sachs Asset Management has made its unconstrained Goldman Sachs Strategic Income Bond portfolio available to UK investors.