What’s the role for high yield bonds?

Tacit Investment Management has one of the highest exposures to high-yield bonds of all the portfolio managers we cover. This week we are joined by Kypros Charalambous, investment director at Tacit, to find out they pivoted to high-yield bonds since 2022 and the role it plays in their portfolios. He also explains why Tacit prefers a smaller number of holdings and a more concentrated portfolio, and his fund manager red flags. The Asset Allocator Podcast is a weekly series aimed at discretionary fund managers, fund selectors and wealth managers, providing insight into the issues that drive investment decisions. To receive the Asset Allocator email in your inbox for free, sign up here. Hosted on Acast. See acast.com/privacy for more information.