Fund update

How reflation may underpin the appeal of HY FRNs

8 min read 24 Mar 21

By James Tomlins

Summary:

Fund manager, James Tomlins, considers how reflationary policies have helped to support riskier asset types during the pandemic and how the positive sentiment may continue for HY FRNs, even if concerns about inflation and higher interest rates provoke setbacks in other markets.

By James Tomlins

The value of investments will fluctuate, which will cause prices to fall as well as rise and you may not get back the original amount you invested. Past performance is not a guide to future performance.

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