Fixed income

Bryn Jones Rathbones

Meet the Manager: Rathbone Unit Trust Management head of fixed income Bryn Jones

Rathbone Unit Trust Management head of fixed income Bryn Jones on looking out for future generations Many investors used to shy away from ethical funds because there was the perceived notion that returns would not have been as high as their non-ethical counterpart funds. However, Bryn Jones’ £1.2bn Rathbone Ethical Bond fund has seen returns […]

Sanlam sells strategic bond business to Man GLG

Discretionary manager Man GLG has bought Sanlam’s strategic bond business. Both the fund management team and the assets under management will tranfer from Sanlam Four, the boutique management arm of vertically integrated advice business Sanlam Group, subject to regulatory approval. The firms did not reveal the cost of the deal. Portfolio managers Craig Veysey and […]

Hargreaves-backed manager: ‘Value’ and ‘growth’ labels should be scrapped

According to most advisers and market commentators, fund managers adhere to a simple style – typically classified as either “value” or ”growth”. At a basic level, value stocks are typically viewed as companies trading on ‘low’ valuation ratios, such as price-to-earnings and price-to-book, and growth stocks trade on relatively higher ratios due to greater growth […]

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How bond investors can exploit news-driven market dislocations

Long-term investors can sidestep the impact of short-lived news flow and steer portfolios through this shift in monetary policy Global central banks, led by the US Federal Reserve, have taken the initial steps along the path of monetary policy normalisation by scaling back quantitative easing programmes and raising base interest rates. As the period in […]

Liontrust assets up on new fund launches

Liontrust Asset Management has reported a 9 per cent increase in assets under management for the year to June on the back of new fund launches. The firm now has now reached £11.4bn in AUM, with net inflows in the first quarter of 2018 totalling £320m. Liontrust has made a number of hires in recent […]

Fund pickers cut Aberdeen Standard Investments from portfolios

Fund selectors are reassessing or excluding Aberdeen Standard Investments funds in their portfolios, as questions remain around how the investment teams will pan out post-merger. Standard Life and Aberdeen Asset Management completed their £11bn mega-merger in August. At that time there were around 168 funds from the groups in the Investment Association sectors to be […]

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FCA reviews preference share market following Aviva backlash

The FCA is reviewing the market for preference shares following the furore over Aviva’s recent decision to cancel its high-yielding preference shares at par value. FCA chief executive Andrew Bailey says in a Dear CEO letter that the regulator is reviewing the prevailing market for certain fixed income shares, particularly those classed as perpetual, irredeemable […]

How to… navigate the bond market

Advisers are facing tough choices when it comes to picking bond funds for their clients’ portfolios. Three top investors talk to Money Marketing to shed light on the recent market sell-off and how bonds have reacted to it. They also explain which features bonds need to have to survive a new environment of rising interest […]