You are here: Home - Investing -

Global high yield in demand

0
Written by:
01/06/2012
Aviva Investors has announced that the Aviva Investors Global High Yield Bond fund has gathered over $1 billion in assets, collecting $800 million between October 2011 and February 2012.

The Aviva Investors Global High Yield Bond Fund was launched in September 2008 and primarily invests in high yield corporate bonds issued by firms domiciled across the globe. The fund is managed by a team from the Aviva Investors High Yield division with Joshua Rank acting as the team lead on the fund. The fund’s investor base comprises of investors across Europe, Canada and Asia, including pension funds, insurance companies, financial institutions and fund of funds.

Todd Youngberg, global investment director of fixed income and head of high yield investments, said: “Investors allocating to regional high yield are putting themselves in ‘alpha handcuffs’ by not taking advantage of the global reach of the asset class. Currently standing at roughly $1.3 trillion, we believe the global high yield market offers a wider opportunity set and potentially more alpha sources from which to deliver returns, enabling investors to benefit from tactical and strategic allocations between regions.

“The surpassing of $1 billion in assets for the Aviva Investors Global High Yield Bond is a great achievement and is a reflection of our strong relative performance. Since the fund launched three years ago, investors’ allocation to global high yield has increased as they have looked beyond regional allocations to generate returns. Against a backdrop of low interest rates in developed sovereigns and low corporate default rates, we believe this global trend is here to stay as investors look beyond their borders in their reach for yield.”

Tag Box

There are 0 Comment(s)

If you wish to comment without signing in, click your cursor in the top box and tick the 'Sign in as a guest' box at the bottom.

The savings accounts paying the most interest

It’s time to get your finances in shape for summer, and moving your cash savings to a higher paying deal is ...

Everything you need to know about being furloughed

Few people had heard of ‘furlough’ before March 2020, but the coronavirus pandemic thrust the idea of bein...

The experts’ guide to sorting out your personal finances in 2021

From opting to ‘low spend’ months to imposing your own ‘cooling-off period’, industry experts reveal t...

What will happen if rates change

How your finances will be impacted by a rise in interest rates.

Regular Savings Calculator

Small regular contributions can build up nicely over time.

Online Savings Calculator

Work out how your online savings can build over time.

Having a baby and your finances: seven top tips

We’re guessing the Duchess of Cambridge won’t be fretting about maternity pay or whether she’ll still be...

Protecting family wealth: 10 tips for cutting inheritance tax

Inheritance tax - sometimes known as 'death tax' - can cause even more heartache for bereaved families. But th...

Travel insurance: Five tips to ensure a successful claim

Ahead of your summer holiday, it’s important to make sure you have the right level of travel cover or you co...

Money Tips of the Week

Read previous post:
Independent financial advisers trusted by UK millionaires

A study of UK millionaires commissioned by investment specialists Skandia UK has revealed that independent financial advisers continue to be...

Close