The strategic bond sector is one with a high dispersion of returns, inconsistent performance, and a high correlation with high yield beta. We build portfolios to provide clients with superior risk-adjusted returns through various market cycles and minimise drawdowns during periods of volatility. The fund is designed to provide a strategic anchor to fixed income needs.
We bring together our best ideas, generated from across our global fixed income team. Each idea must have the potential to give a meaningful long-term contribution to returns, leading to a focused portfolio. The fund represents a compelling option for investors seeking to outsource their fixed income decision-making to a truly global team of bond specialists.
A flexible, risk-aware approach is key to driving superior returns from fixed income over time.
The fund can invest globally, giving a wide opportunity set from which to construct a portfolio that can perform throughout market cycles. This is supported by the global nature of our business. However, it is important to note that at least 80% of assets will either be in sterling or currency hedged back to sterling.
Total return focus
Long-term outperformance with less risk. Fixed income investing involves asymmetric risks that are skewed to the downside (i.e. potential losses are greater than potential gains). This can result in a tendency to focus on avoiding defaults. However, when trying to maximise total returns identifying winners is also crucial.
For further information on the risks and risk profiles of our funds, please refer to the relevant KIID and Prospectus.
Read more about the fund
Solving the chocolate box problem: The Aviva Investors Strategic Bond Fund
The opacity and wildly differing risk-return profiles of strategic bond funds can be a headache for advisers. We explain how the Aviva Investors Strategic Bond Fund could provide a viable solution.
Explore our fixed income range
Investment grade credit
A range of strategies that utilise portfolio construction to deliver positive excess returns throughout the credit cycle with active integration of ESG factors and coordinated company engagement.
A range of strategies that aim to capture the full potential of high yield bond markets whilst protecting downside risk.
Emerging market debt
A range of emerging market debt strategies that invest across hard and local currency markets.
Fixed income views
Inflation, yield curves and energy prices: The outlook for buy-and-maintain credit
30 Nov 2022
Siddhartha Bhattacharyya, Iain Forrester and Matthew Raque from our buy-and-maintain credit team discuss the impact of the current environment on portfolios, where they are finding value, and how they are integrating these considerations in their net-zero plans.
Nothing happened, twice: Addressing the key questions on recent volatility for sterling money market fund investors
10 Nov 2022
After the volatility that rocked UK markets in recent weeks, Alastair Sewell reflects on how this impacted money market funds and what’s next.
The IMF/World Bank meetings in review: The key questions for emerging-market debt investors
2 Nov 2022
Pessimism was in the air at the recent IMF/World Bank meetings, with emerging markets looking vulnerable to a tightening of global financial conditions. However, their orthodox policy responses should put many countries in a stronger position to meet those challenges than previously, argue Carmen Altenkirch and Nafez Zouk.
A free lunch: The case for a diversified global sovereign bond allocation
31 Oct 2022
Recent events in the UK are a reminder of the benefit of a globally diversified sovereign bond allocation and avoiding home bias, as Jennie Byun, Kurt Knowlson and Steve Ryder explain.
Convertible bonds: Five questions with Shawn Mato
31 Oct 2022
Shawn Mato discusses recent developments in the convertible bond market with Rico Pedrett.
What does the data say? Emerging-market debt in focus
7 Oct 2022
In this month’s instalment of our visual series on topical themes, we look at some of the biggest recent trends in EMD.
Alpha, asset stranding and action: The state of play in Climate Transition Credit
6 Oct 2022
Will new climate legislation accelerate the transition, or will the energy crisis hamper it? Thomas Chinery and Justine Vroman assess the implications for strategically positioned bondholders.
European money market fund reform: Preparing for change
15 Sep 2022
European regulators are set to introduce significant reforms to money market funds. Investors need to be ready, says Alastair Sewell.
High yield: Has the risk of capital loss from defaults reduced?
7 Sep 2022
Despite spread widening, defaults in the high yield market have yet to hit significant levels. Will structural changes in the market limit the damage from defaults in future crises?
EM corporate debt: Resilience in turbulent times
23 Aug 2022
Emerging markets have been hit by stern economic challenges in 2022. But many companies are proving resilient thanks to strong fundamentals, as our emerging market corporate debt team explain.
Zero-COVID: China’s costly policy error
10 Aug 2022
Beijing’s ideological battle to stamp out COVID-19 appears increasingly misguided as the rest of the world learns to live with the virus. But the impact of China’s approach will be felt far beyond its borders.
What does the data say? Are we close to 1970’s-style stagflation?
29 Jul 2022
In this month’s instalment of our visual series on topical themes, we look at whether the global economy is heading towards stagflation.
Convertible bonds: Five questions with David Clott
19 Jul 2022
In the first of a new series, David Clott assesses the key recent developments in the convertible bond market and outlines why this could be an attractive entry point into the asset class with Rico Pedrett.
Bumpy ride set to continue for credit investors
18 Jul 2022
The co-managers of the Aviva Investors Strategic Bond strategy give their views on the outlook for credit markets following the worst first-half in at least 40 years.
The AIQ Podcast: Taking stock of nature risk
15 Jul 2022
The idea that human actions are bringing natural systems close to breakdown, threatening livelihoods and financial stability, is making asset managers think harder about nature risk and the environmental dependencies in investee companies.
EMD: On the bread line
6 Jul 2022
Russia’s war in Ukraine has contributed to soaring food prices, supercharging global inflation. Poorer countries will likely be hardest hit, adding to the risk of social unrest. With public finances and incomes already under strain, emerging-market debt investors should be on high alert.