The fund manager believes a wave of downgrades is looming as economic conditions weaken, creating an ideal time for a fallen angel strategy.

The fund manager believes a wave of downgrades is looming as economic conditions weaken, creating an ideal time for a fallen angel strategy.
Holding bonds with short maturity dates or which are likely to be refinanced will enhance returns and reduce volatility in a sub-investment grade bond fund, according to Insight’s Ulrich Gerhard.
Part of the Mark Allen Group.