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Article: Richard Woolnough says you should look for value rather than income.
- Article from:
- Investors Chronicle - magazine and web content
- Article date:
- September 7, 2009
CopyrightCOPYRIGHT 2009 FT Business. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Maike Currie
INTERVIEW: Maike Currie talks to Richard Woolnough about the future of fixed income
Start a discussion on fixed income, credit or corporate bonds and you can be assured that Richard Woolnough's name will inevitably enter the conversation. The funds he manages under the M&G banner not only top investor best-buy lists but also deliver to income-hungry investors.
Mr Woolnough's M&G Corporate Bond Fund has posted a cumulative performance of just under 30 per cent over the past five years with a yield of 4.91 per cent, while his M&G Strategic Corporate Bond Fund's performance over the same period stands at just below the 40 per ...