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Lombard Odier’s Corrigan: back BBB/BB bonds

Kevin Corrigan, head of credit management in Lombard Odier’s fixed income and currencies group, argues that the BBB/BB space is the most attractive in the bond world.

His £400 million Euro BBB-BB Fundamental fund is the absolute best performer in its Citywire Euro Corporates Bonds sector over the past year, returning 5.3% compared with a peer group average of 3.8%.

Corrigan also shares his outlook for the asset class, and in particular discusses the effect the disintermediation of banks as corporate lenders is having on the market.

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