OMGI’s Johnson to bring total return to Lausanne
Christine Johnson, head of Fixed Income Old Mutual Global Investors, will join InvestmentEurope‘s Spring Pan-European Fund Selector Summit in Lausanne presenting the Old Mutual Monthly Income High Yield Bond Fund.
The search for total return and attractive yields will be the focus of the manager’s presentation. “Yields on offer in the high yield universe are more than tempting. The challenge is to capture the benefits while avoiding the risks of a world in which yields are rising and capital values falling. We believe it can be done. Investors can have the best of both worlds.
“Higher yielding instruments have some equity-like characteristics, with capital values improving as economic recovery boosts creditworthiness. Through active duration management, including adept use of negative duration, a portfolio can profit even as yields rise,” Johnson will say.
Johnson joined Old Mutual in September 2010 from Halbis Capital Management (formerly HSBC Asset Management), where she was a senior fixed income fund manager, initially focusing on sterling credit before also managing global portfolios.
She moved to Halbis from Investec Asset Management, which she joined as a high yield credit analyst, becoming a high yield fixed income fund manager a year later.
She began her asset management career as a credit analyst at Royal & Sun Alliance Investment Management, having previously been a relationship manager at NatWest Bank. Christine has a BA in Economics from Manchester University.