New funds expected to be unveiled this Autumn
Story by: Sharon Flaherty, FTAdviser
Liontrust is preparing to launch a range of new funds this Autumn and is in talks to hire a new fund manager, FTAdviser has learned.
Intermediaries represented the most popular distribution channel for UK domiciled funds in May, making up 87 per cent of gross retail business, according to the latest figures from the Investment Management Association (IMA).
Specialist investment firm Fundamental Asset Management has launched an onshore version of its sterling corporate bond fund to the retail market to take advantage of current yields.
Mixed-asset multi-manager OPM Fund Management has moved its Fixed Interest portfolio towards the high-yield end of the credit spectrum, as investment-grade bonds move downwards with gilts.
Old Mutual Asset Managers has appointed Stewart Cowley as manager of its £39m Global Strategic Bond and £20m Dynamic Bond funds.
Investors are showing a preference for corporate bonds in the current economic climate, according to Cofunds.
Old Mutual Asset Managers (OMAM) has appointed Stewart Cowley as fund manager of its £39m Global Strategic Bond and £20m Dynamic Bond funds.
Specialist investment firm Fundamental Asset Management has launched an onshore version of its offshore Sterling Corporate Bond fund to the retail market to take advantage of current yields.
The "surge" in the high-yield corporate credit market is set to continue, but the asset class is losing its appeal following the recent jump in prices, according to Lombard Odier.
Latest sales figures from Cofunds show corporate bond funds continue to remain popular with investors as they seek alternatives to equities.
LV's expansion of retail operation looks imminent
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There is good news for equities, with managers moving overweight in the asset class, but the bond market is very different, as sell-offs push rising yields
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