Finding fixed income returns in unusual places

Fixed income fund managers have been venturing into obscure corners of the financial markets to find assets that will produce returns in what most acknowledge is a difficult market. GAM Investments has been buying insured notes comprising trade receivables as…

Equip your bond fund with a modern toolkit

Investors contemplating an allocation to fixed income are faced with an unappealing prospect; low bond yields, tight credit spreads and low volatility. Fixed income fund manager Tim Haywood can understand investors’ lack of appetite. The asset class is “troubled” but…