All high yield articles
-
News
Border to Coast launches £3.7bn Multi-Asset Credit Fund
On the go: The Border to Coast Pensions Partnership has increased its aggregate investments to £34.6bn by announcing the launch of a £3.7bn Multi-Asset Credit Fund.
-
News
Border to Coast appoints multi-asset credit managers
On the go: Border to Coast Pensions Partnership has appointed four specialist managers for its multi-asset credit fund, which will have assets worth £2.7bn.
-
News
Border to Coast hires Pimco for multi-asset credit fund
On the go: Border to Coast Pensions Partnership has appointed Pimco as the core manager for its multi-asset credit fund, which is expected to launch in early 2021.
-
Features
TRW drives up high-yield credit allocation
Trustees for the pension plan of automotive company TRW have added to the scheme's high-yield credit allocation, but opinions on the outlook for this asset class are divided.
-
Opinion
Data crunch: Net flows highlight a European derisking trend
Although there are nuances between different markets, a derisking trend continues to be pervasive across Europe.
-
Features
Centrica drills for returns with high-yield allocation
The Centrica Combined Common Investment Fund, which manages holdings for the energy giant’s pension schemes, has trimmed its exposure to corporate bonds, reweighting its portfolio towards high-yield debt.
-
Opinion
Why US high yield looks attractive
From the blog: Corporate bonds issued by companies perceived to be under financial stress are currently trading at very low prices. This could be an attractive investment opportunity.
-
Opinion
Infrastructure opportunity too good to ignore
From the blog: Infrastructure debt is gaining recognition as an asset class that can offer pension schemes stable income-oriented returns over long-term horizons, but accessing this opportunity isn’t always straightforward.
-
Opinion
Private market investing – what schemes need to know
With funding deficits touching record highs earlier this year it is clear that pension funds need to do something differently to meet these challenges.
-
Opinion
Can EMD performance overcome short-term volatility?
Analysis: It’s a good job pension funds can soothe themselves with the mantra of long-term investment horizons, as this summer really put emerging market funds to the test.
-
News
TfL tunnels further into alternative credit
Transport for London pension scheme has moved further into alternative credit investments including mezzanine debt, as it seeks to diversify its fixed income portfolio.
-
Opinion
Nationwide, Strathclyde and British Coal among top five 2014 investment stories
Ditching hedge funds, the rise of responsible investment and the growing success of property mandates have all featured in a tricky year for UK pension fund investment.
-
News
Corporate schemes up alts but stem fixed income flows
UK corporate schemes ploughed 20 percentage points more of their assets into alternatives in the past three months than the previous quarter, while cutting inflows into fixed income, investment data have shown.
-
Features
South Yorks ups property, EMD and high-yield in search for returns
South Yorkshire Pension Fund has increased its allocation to property and placed greater emphasis on emerging market and high-yield debt as it searches for greater balance between risk and returns.
-
Features
Hunting yield in an unpredictable fixed income market
A slump in government bond yields has caused some defined benefit schemes to delay derisking and look for greater returns in more volatile assets.
-
News
Tricky pickings for funds seeking bond returns
Data analysis: UK pension funds drove more cash into domestic and overseas corporate bonds last year in order to benefit from repairing economies and to diversify sources of yield.
-
Features
GMPF to outsource property in investment reshuffle
Greater Manchester Pension Fund plans to outsource the management of its property portfolio in order to hit its 10 per cent asset allocation target, in a review of its external management arrangements.
-
Opinion
EMD report: how to take advantage of the market dip
While emerging market assets have been battered in recent weeks, the debt sell-off could in fact provide added opportunity for pension schemes.
-
Features
Survey: Schemes shun traditional fixed income assets
In our second feature revealing the survey insights of 44 leading schemes and trustees, Owen Walker hears their two-year plan for fixed income investing.