The greatest number of funds launched lately by independent responsible entity Equity Trustees sat in the global fixed income space, according to its research, as offshore players entered the market.
Perpetual has seen another difficult quarter for its asset management division, reporting $9 billion in outflows, but fixed income funds saw inflows of $0.7 billion.
While the valuation landscape for high yield has become more challenging, we believe there are still plenty of attractive opportunities that can be identified through a thorough security selection process.
With potential US interest rate cuts on the horizon, Income Asset Management believes now is an ideal time to be investing into the corporate bond market.
