Ten bond funds that beat the sell-off - and ten that didn't

Fixed income assets sold off throughout the remainder of 2013, while the Fed's decision to finally taper last month caused a further jump in yields, and prompted fears of a difficult 2014 for fixed income managers. However, while the majority of funds have posted negative returns in the last seven months, not all have lost money. Some 88 bond funds of the 410 tracked by Morningstar have seen positive returns from 22 May to 9 January, with the top ten made up of seven high yield funds and three strategic bond funds. The best performing fund is the £285m Old Mutual Bond 1 fund, a str...