F&C lauds credit market opportunities

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ATTRACTIVE investment opportunities are emerging in the credit markets despite the ongoing uncertainty and volatility, according to Ian Robinson, manager of the F&C Corporate Bond fund.

He explained: “We are still not at the end of the tunnel but we are seeing some interesting opportunities popping up in the primary market. “As the latest OECD report points out, we are at a pivotal time and everyone should be nervous. However, we ultimately believe that it is not in the central banks' interest to allow the current situation to become recessionary in nature and they will react if they have to.” Robinson said that it is currently a buyers’ market for corporate bonds, and cited new issuances, such as GE Hybrid, that he had added to the fund’s portfolio. He described ...

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