The bonds funds team at F&C has added two payment-in-kind (PIC) bonds to its bond fund range. Fatima...
The bonds funds team at F&C has added two payment-in-kind (PIC) bonds to its bond fund range. Fatima Luis, strategic bond manager at F&C, said it had decided to invest for the first time in the two payment- in-kind bonds because of predictions that the companies offering them would redeem the bonds early, providing attractive returns in a short space of time for investors. The PIK notes are held in paper packaging outfit Jefferson Smurfit and specialty chemical company Cognis.
Putting the tech into protection
Square Mile’s series of informal interviews
Fallout from Haywood suspension
Launching later in 2019
£80bn funds under calculation