Evelyn Partners’ Active Managed Portfolio Service team has rebalanced its portfolios to increase fixed income allocation on the back of yields available on government and corporate bonds.
The rebalancing exercise meant the team reduced its overweight to equities. Within fixed income, the Active MPS team added to its existing positions in the Vanguard US Government Bond index, the Artemis Corporate Bond, the Sequoia Economic Infrastructure Income and the M&G Emerging markets Bond funds. They also added three new holdings to their portfolio including, the GQG US Equity fund, INPP and the Federated Hermes Asia Pacific ex-Japan strategy. Lead manager of the Active MPS team James Burns said: "This rebalance saw us increase our allocation to fixed income as the yields ava...
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