Capital Group launches Global High Income Opportunities fund for UK investors

This will be an OEIC version of its existing Luxembourg-domiciled strategy, which holds £1.1bn in assets and was launched in May 1999. It will also be managed by the same team and follow the same investment approach. The fund combines high-yielding fixed income sectors, primarily developed market high yield bonds and emerging market debt. According to the firm, this blend can offer diversification benefits, "attractive" income opportunities and the potential for less volatile returns. According to its factsheet, the fund has returned 6.8% during its lifetime, while the index has...