Markets
Top US bond manager hunts out 'good names in bad zip codes’
Sponsored By:
by Chris Sloley on Oct 18, 2012 at 09:39
Playing it safe is now too expensive and the better risk/reward can be found in big businesses located in the eurozone’s troubled nations, according to Loomis Sayles’ Matthew Eagan.
The bond manager – who co-runs the Loomis Sayles Multisector Income fund – said he is looking at investment grade names in a distressed regions that are being penalised for nothing more than their location.
The Loomis Sayles Multisector Income fund, which Eagan co-manages with Elaine M. Stokes, Kathleen Gaffney and Dan Fuss, is currently top performing fund tracked by Citywire in the Bond USD sector.
It has returned 34.11% over the past three years. This is while its Citywire benchmark, the Citigroup United States WGBI TR, has risen 16.83%.
More about this:
Look up the funds
Look up the fund managers
More from us
- This is one of the toughest environments ever, says HY manager
- Time to tap emerging Asia opportunities, says top US bond manager
- Loomis Sayles launches ‘all weather’ absolute return bond fund
- Star small caps manager turns attention to Italy
- Spain poses biggest headache for top eurozone bond manager
Archive
Read more...
Vanguard boosts ETF range with low-cost product suite
by Emma Dunkley on May 22, 2013 at 14:28
leave a comment
Please sign in here or register here to comment. It is free to register and only takes a minute or two.