David joined Prudential Portfolio Managers SA, as Head of Fixed Income in January 2009. Prior to Prudential, he was the senior fixed interest portfolio manager in the London office of M-G Investments. David worked at Prudential in South Africa in 1999 and 2000, and was responsible for establishing our current fixed interest process. Before joining M-G, David worked for Hill Samuel Asset Management as a fixed income fund manager, managing both life and pension funds for a variety of clients. David graduated from the London School of Economics with a BSc in Economics and from Birkbeck College with an MSc in Economics. He is an Associate of the Institute of Investment Management and Research.
Michael Moyle, MSc (Eng); MBA; CFA
Michael is Head of Real Return at Prudential Investment Managers, with 19 years experience. He is co-Portfolio Manager of four Prudential unit trust funds, and has won several Raging Bull - Morningstar Awards. Michael is primarily responsible for helping determine asset allocation in our multi-asset funds and institutional mandates.
FUND OBJECTIVES AND FOCUS
The fund aims to maximise total return while generating a relatively high yield when compared to global bond markets. This is obtained through exposure to a selection of higher-yielding global corporate bonds. This specialist Fund invests in a blend of international unit trust funds, with underlying bond holdings diversified in terms of geography, currency, maturity and credit risk to ensure a high risk adjusted return. The Fund primarily invests in developed markets which provide a hedge against the Rand and emerging market risk.
Who Should Invest?
Individuals who require an ongoing high level of income from their investment capital combined with global diversification.