LO Funds-Convertible Bond is an actively managed UCITS portfolio. Its long-only global convertible bond strategy has been in place since December 2002. It invests mainly in global convertible bonds with a balanced profile. It seeks to deliver asymmetrical performance over the medium to long-term, profiting from equity market upturns while benefiting from the downside protection of a fixed income structure with a fraction of the volatility of equities.Read more >
Expertly navigating the markets with convertible bondsRead more >
Massive central bank intervention, historic low yields and scarce secondary liquidity have led to increased volatility on fixed income markets, thereby creating a challenging environment. Charles Zerah, Fund Manager of Carmignac Portfolio Global Bond, will explain how his flexible and conviction-driven approach is an ideal fit for the current context and has enabled him to generate a sturdy track record.Read more >
The case for financial bonds is more compelling than ever. Having learned some lessons in the Great Financial Crisis of 2007-2008, banks and insurance companies have been tidying up their balance sheets. While new regulations such as Basel III require new types of bonds to be issued that offer attractive yields, increased supervision and regulation will substantially lower the risk of default.
We are convinced that the potential for spreads in the financial sector to contract is a long-term theme and has further to go in the next few years. Improving fundamentals and attractive spreads bode well for attractive returns.
Join Prashant Chandran as he explores the key investment themes taking place in bond markets globally and how as an unconstrained bond manager a focus on portfolio construction and sophisticated risk management is crucial.Read more >
Produktmanager Martin Kühle spricht über den aktuellen Standpunkt der Fonds und die Chancen, die sich im turbulent gestarteten Jahr 2016 für Wandelanleihen ergeben.Read more >
The bond market dropped dramatically in the second quarter – arguably the sharpest adjustment since the fall of 2008. For those forced to sell during the tumult, it was just as painful. But for others, it may be an equivalent buying opportunity.
Please join our municipal bond specialists for a discussion on key 2013 topics:
• Detroit default in proper perspective. Detroit hasn't been on the Bernardi approved credits list for decades, but its default has renewed municipal debt crisis fears nonetheless. We'll put the largest municipal bankruptcy filing to date in the proper context.
• The Great Rotation debate. Some pundits claim increasing yields mark the start of the “Great Rotation” from bonds into equities, but no one can be certain at this point. "Mattress money" may rotate more to cash out of fear – or within bonds to new buying opportunities.
• Laddered portfolios vs. alternatives as bond prices fall, yields rise. Our client’s separate account, laddered portfolios almost universally handled last quarter’s turmoil much better than the broader bond market – a storyline similar to that of the 2008-2009 financial crisis. We'll compare laddered portfolios to alternatives such as bond funds and simply holding cash as ways to prepare for future volatility.
This live video will explain why we are witnessing such an unusual time in economic history and outline how investors can take advantage by repositioning their portfolios. Ian Winship, Head of BlackRock’s UK Fundamental Fixed Income team will take audience questions in this live and interactive video on changing environment for fixed income.
With much of the current market uncertainty based on the apparent removal of the so-called 'tail risks', Ian will argue that in reality many of the risks have been brushed under the carpet, meaning that the case for fixed income remains compelling for risk-aware investors.
Ian will outline how a more flexible and dynamic absolute return strategy can deliver highly diversified returns with low correlation to other asset classes, and therefore can potentially lower a portfolio’s overall volatility.
This web event will be hosted by Clair Turketo, Product Strategist within UK Fundamental Fixed Income.
Ariel Bezalel gives an update on the Jupiter Strategic Bond Fund.Read more >
2014 was an eventful year for emerging markets. After a relatively strong period which lasted all the way to September, markets corrected in the latter part of the year as the negative headlines from the Russian crisis and the falling oil price triggered bouts of volatility and risk averseness. Looking ahead, we expect asset allocation between hard and local currency to remain a key driver, particularly in the earlier part of 2015. In hard currency, credit selection will remain even more important as we expect return dispersion to increase. After having a relatively low allocation to local currency debt in 2014, we are looking to selectively add exposure in 2015 to countries where the current account adjustment is advancing or where valuations undershoot fundamentals.Read more >
In the webcast, Jim will provide an update on the current key investment themes in the global bond markets, as well as his outlook for 2016 and the fund’s latest positioning.
There will also be an opportunity for questions and answers.
After 6 years of zero interest rate policy, the Federal Reserve is ready for lift-off and is looking to normalize monetary conditions. On the other hand, for the ECB, the BOJ and many emerging economies, monetary conditions remain too tight and further stimulus is required. In this interview, Jim Leaviss will discuss the impact this environment is likely to have on bond markets and how is positioned to benefit the most from these challenging conditions.Read more >
Portfolio Manager Mark Brett provides an update on the global bond market which includes: 1) Global economy in period of adjustment 2) Global currencies react to Central Bank actions 3) Do emerging markets currencies favour active investors 4) Bond prices may already reflect fed rate hike
Capital Group is one of the world’s largest independent investment managers. Throughout our 80-year history, our aim has always been to deliver superior, consistent results for long-term investors. Investment management is our only business.
Jonathan Platt, Head of Fixed Income offers an outlook for bond markets generally with an update on the RL Corporate Bond Fund.Read more >
Head of Government Bonds, Paul Rayner and Head of Derivatives, Darren Bustin offer their outlook for G10 government bond markets and outline their absolute approach.Read more >
Members of RLAM's fixed income team discuss the outlook for various areas of the fixed income market for 2016, with a focus on short duration bonds. Senior Client Portfolio manager, Ewan McAlpine hosts the discussion alongside Head of Short Rates and Cash, Craig Inches, Head of Global High Yield, Azhar Hussain and Senior Fund managers Paola Binns and Richard Nelson.Read more >
2015 proved to be an eventful year for the markets, will 2016 follow suit? John Pattullo and Jenna Barnard, Co-Heads of Retail Fixed Income at Henderson Global Investors provide their current assessment of the economic environment and their outlook for the fixed income markets in 2016.
With allocation across asset classes a primary source of returns for the Henderson Strategic Bond Fund, the fund managers will discuss the areas where they see the potential for good returns and why they would shun certain asset classes. The presentation concludes with fund performance, positioning and outlook.
Join us for a webcast briefing by Stefan Isaacs and James Tomlins, co-fund managers of the M&G Global High Yield Corporate Bond Fund.
Following a volatile period towards the end of 2014, high yield bonds have delivered steady returns in the first few months of 2015. Indeed, while government bonds have suffered a sharp sell-off in recent weeks, high yield has benefited from its relatively low sensitivity to rates and produced further robust gains. In the webcast, Stefan and James will provide an overview of these recent developments and discuss their current outlook for the asset class.
James will also provide a brief update on the M&G Global Floating Rate High Yield Fund. Given their lack of interest rate duration, high yield floating rate notes (FRNs) have been well insulated from the recent turbulence in government bond markets. However, with an exposure to credit, these instruments have been able to benefit from the modest tightening in spreads since the start of the year.
Overall, Stefan and James maintain a positive outlook for high yield bonds which they think offer an attractive source of income in the current low interest rate environment. Moreover, against a backdrop of modest economic growth, accommodative policy from the world’s central banks and low corporate default rates, high yield valuations should continue to be well supported over the coming months.
The call will start at 10:00am BST (11.00am CET) on Thursday 18 June, will include a Q&A session and is expected to last an hour.
A short video about BMO Global Asset Management’s new range of Corporate Bond ETFs. These funds are the first ever to be listed on the London stock exchange and offer a full range of maturity options for global corporate debt - from 1 through to 10 years.Read more >