The offshore Merrill Lynch High Yield bond fund is to be re-launched in May as the Global High Yiel...
The offshore Merrill Lynch High Yield bond fund is to be re-launched in May as the Global High Yield Fund at the same time that its mandate is expanded. It will become a global rather than a pure European high yield product. A significant proportion of the portfolio, a sub-fund of the Merrill Lynch International Investment Fund Luxembourg Sicav, is expected to be moved into dollar-denominated securities.
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