tag:blogger.com,1999:blog-22517597.post4135033447050386235..comments2024-03-03T11:13:39.377+11:00Comments on Moomin Valley: Invesco Sterling Bond FundmOOmhttp://www.blogger.com/profile/03440274434662150925noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-22517597.post-76562445454556529642009-01-17T09:50:00.000+11:002009-01-17T09:50:00.000+11:00Thanks Anon for the comments!Thanks Anon for the comments!mOOmhttps://www.blogger.com/profile/03440274434662150925noreply@blogger.comtag:blogger.com,1999:blog-22517597.post-46658579148870183062009-01-16T20:15:00.000+11:002009-01-16T20:15:00.000+11:00Yes, keep the fund, corporate debt should recover ...Yes, keep the fund, corporate debt should recover first, with equities following afterwards.<BR/><BR/>The Invesco Sterling bond fund suffered greater than comparable funds in the sector during 2008. One of the main reasons for this is that the managers took the call to move into bank corporate debt a bit too early, with the spreads of said debt continuing to widen over the remainder of the year. Corporate bond spreads have been closing back over the last few months but are still no where nearback to normal. When spreads do snap back they they should do so quite quickly<BR/><BR/>Regards - A Fund analyst for a private bankAnonymousnoreply@blogger.com