Fund Selector Sentiment - Bonds

These tables show the forward- looking allocation intentions of European funds selectors and asset allocators towards various bond strategies.

Developed mkt gov bonds: These remain the most disliked of all the asset classes. However, in the last quarter, there was a notable shift downward in the number of sellers – perhaps the start of stabilisation?

Developed mkt corporate bonds: Very similar to government bonds (but never disliked to the same extent), you can see the same sharp reduction in the number of sellers in the last quarter.

Developed mkt high-yield bonds: Having slumped in popularity since the start of Q1 2013, high yield still maintains a small fanbase and with sellers down, it doesn’t look too bad.

EM government and corporates bonds: The attitudes to both these fixed income strategies is more or less the same – in the last quarter, the number of sellers accelerated sharply.

Unconstrained bond funds: This is a new category for the report and as you can see, these products are popular – they are used by 60% of our readers, of whom almost half are looking to buy more over the next year.

Source: Expert Investor Europe, 'The Fund Selector Asset Class Report' October 2015