Are Corporate Bonds Still Worth Their Salt?

MIC PREVIEW: A chance to hear from a flexible bond manager on the value of corporate bonds and the role for investor portfolios

Anthony McDonald 28 March, 2013 | 5:19PM
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Dickie Hodges has managed the Legal & General Dynamic Bond Trust since it was launched in April 2007. This flexible fund is managed with the aim of delivering an attractive total return and benefits from his experience of both long-only and hedge fund investing. We believe this experience helps him manage the risks in the fund effectively and it is an approach that has delivered compelling performance since inception.

Hodges is a dynamic investor whose unconstrained mandate benefits from his comprehensive understanding of bond markets. It will therefore be fascinating to hear him talk at the Morningstar Investment Conference about the value that remains in corporate bonds following their exceptional strength in 2012.

Indeed, at a time when bond yields are generally at historically low levels, we look forward to hearing his views on the challenges faced by strategic bond managers and the role that such funds can have within an investor's portfolio.

Dickie Hodges will be one of many UK investment luminaries speaking at the Morningstar Investment Conference in London this May. See the Morningstar corporate site for more information.

The information contained within is for educational and informational purposes ONLY. It is not intended nor should it be considered an invitation or inducement to buy or sell a security or securities noted within nor should it be viewed as a communication intended to persuade or incite you to buy or sell security or securities noted within. Any commentary provided is the opinion of the author and should not be considered a personalised recommendation. The information contained within should not be a person's sole basis for making an investment decision. Please contact your financial professional before making an investment decision.

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Securities Mentioned in Article

Security NamePriceChange (%)Morningstar
Rating
L&G Strategic Bond R Acc113.10 GBP0.09Rating

About Author

Anthony McDonald  is a senior fund analyst at Morningstar OBSR in London.

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