Corporate bonds: is there still value to be found?

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David Roberts, joint head of fixed income at Aegon Asset Management, explains why he is still positive on bonds.

David Roberts believes that a corporate bond fund should invest in corporate bonds. It doesn't sound whacky, but it has meant that he had fewer places to hide in the corporate bond rout in 2008, unlike some of his competitors who invested in more esoteric instruments. Performance suffered at the time, but has come back strongly with the recovery in 2009. Roberts moved to Aegon in 2004 and has managed to maintain the strong track record he had built at previous employer Britannic where he managed the group's flagship corporate and high income bond funds. He had big shoes to fill in the fo...

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