Glendevon King launches Global Bond fund
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.
Advertisement
Latest news
F&C multi-manager duo to depart following Thames River deal 2 September 2010
F&C Asset Management has revealed that head of UK retail multi-manager Dean Cheeseman and fund manager Oliver Sonnbichler will leave the firm, following the completed acquisition of Thames River Capital.
- BlackRock to rename and alter High Income Bond Fund 2 September 2010
- BlackRock to close Japan fund 2 September 2010
- Gartmore's head of small caps resigns 1 September 2010
Recommendations
Top Ten Life Funds
| Fund | Offer | 1y | 3y | 5y |
|---|---|---|---|---|
| UBS Life Structured Credit A | 94.15 | 174.5 | n/a | n/a |
| Skandia Finland FIM Russia | 11.29 | 60.6 | -2.7 | 48.5 |
| Skandia Finland Alfred Berg Ryssland | 0.86 | 49.5 | -18.0 | n/a |
| Skandia Finland BlackRock Gold & General | 2.57 | 45.6 | 41.3 | 150.3 |
| Zurich American Property AL G4 | 43.30 | 44.7 | 20.9 | 39.3 |
| Skandia Norway Alfred Berg Ryssland | 0.87 | 41.2 | -16.8 | n/a |
| Aviva Investec Global Gold S4 | 0.00 | 41.0 | n/a | n/a |
| Skandia Finland JPM New European | 2.07 | 40.7 | -13.2 | 44.6 |
| Skandia Finland First State Greater China Growth | 1.35 | 40.0 | n/a | n/a |
| Skandia Finland Neptune Russia & Greater Russia | 1.49 | 39.8 | n/a | n/a |
Investment funds in depth
Structured range in development at Barclays 2 September 2010
Barclays Wealth is planning to launch a new range of structured products in the coming weeks, What Investment has learnt.
- Charges revealed for Neptune Africa launch 31 August 2010
- Edinburgh Partners dismisses double dip doomsters 19 August 2010
- Coventry witnesses savings rush 18 August 2010
Guides
Asset monitor: UK equities 29 June 2010
With investors reassessing their portfolios in light of fluctuating economic conditions, Joe McGrath asks the experts how they are riding the choppy markets. [Premium content]
- We voted for change, and change is what we’ve got 25 May 2010
- Investment Trusts: Corporate governance 15 April 2010
- Regular vs lump sum investing 1 April 2010
Special Offers
- Annual report service
Free access to annual reports and other information
on selected companies



