Flexible bond funds were many an investor’s favourite answer to the challenging yield environment. By being able to switch between different bond categories, a fund manager would be better equipped to hunt for the scarce yield available, was the idea. But it has lost its shine, and investors have started to abandon unconstrained bond funds.
In this video interview, Franklin Templeton’s head of European fixed income David Zahn explains why he is redeploying his assets from government bonds to corporate bonds. He also challenges the notion that rising Fed rates mean the dollar will strengthen in the medium term.
In this video interview, Walid Moukarzel, head of investment advisory at Banque Audi Suisse in Geneva, tells how he has been moving his conservative clients along the risk curve.
Unconstrained bond funds are another way to navigate stressed bond markets. In part two of a video interview, he explains why he is investing in this sort of funds, at least for now…
A growing number of fund buyers in the Netherlands and Belgium are turning their backs on absolute return funds. Unconstrained bond funds are not in fashion either.
High yield bonds still have few rivals in Finland. Upon our researcher’s last visit, about six in ten fund selectors told her they planned to increase their exposure to the asset class.
For the second edition of our new series ‘Fund Favourites‘, Philipp Dirkx, portfolio manager at Frankfurt-based BHF-BANK, reveals why he invests in the Jupiter Dynamic Bond Fund, even though he generally prefers to take charge of asset allocation himself.
