Top European funds are focusing on government bonds until the ECB cuts rates and corporate bonds start to gain favourGovernment bonds lead top funds
Top performing bond funds in Europe have focused their portfolios on investing in mainly government bonds. One fund that has performed well over the year has been the Insinger Euro Bond fund, managed by Alexander Vanderspeld. He says: 'We mainly invest in government bonds and have a small percentage ' 15% ' in corporate debt.' Vanderspeld adds: 'As economic growth has been deteriorating, it is not positive for corporate bonds until the ECB cut rates. It is a better environment for government bonds.' The Insinger Euro Bond fund uses a combination of a top-down and bottom-up approach...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes