Steven Logan at Marlborough Fund Managers has 25 years' credit market experience and has been managing European high yield portfolios for 15 years. He is an Associate of the Chartered Institute of Bankers.
Ben Pakenham is a fund manager at Aberdeen Asset Management based in London. He joined the firm in 2011 and prior to this was a fund manager at Henderson Global Investors. Ben manages a number of funds for the firm dealing in high yield bonds, using a long only investment style.
To provide you with income and some capital growth by investing mostly in bonds (which are like loans that can pay a fixed or variable interest rate). The bonds will be issued by companies, governments and other organizations based in the UK or other European countries. Although they can be of any quality, the bonds will typically have lower ratings, as defined by international agencies that provide such ratings; these may pay higher rates of interest than bonds with higher ratings.
- United Kingdom