Investors looking for bond funds are rapidly becoming spoilt for choice, with Glendevon King Asset Management joining the list of new launches today.

The Glendevon King Global Bond fund will have separate retail and institutional share classes and will be managed by Nicola Marinelli (pictured) and Peter Baum.

It will invest in corporate, government and financial bonds – three areas of the fund managers’ expertise.

Regulatory approval has been granted by the Financial Services Authority and the initial offer period will run from 18 January to 5 February 2010.

Marlborough Fund Managers is the fund’ authorised corporate director. Marinelli will have responsibility for investments in corporate and government bonds with a bias towards short-dated, secure and liquid bonds.

Baum will focus on bonds issued by banks, insurers and other financial services organisations.

He said, ‘We continue to see good investment opportunities in specific bond issuers. We favour certain structured bonds, for example Euro-denominated ‘steepeners’.

'Equally, on a very selective basis, we see value in Sterling bonds in the lower capital structures of certain banks which we believe have proven stability.’

Investors can find out more at www.glendevonking.com.