Access key fund documentation and performance reports.
Investors benefit from an active fixed income asset allocation. Fixed income markets can be inefficient and often too focused on the short term. Consequently, we take a long-term view and emphasise on fundamental factors, such as economic or credit-specific views, over technical ones like momentum, for example, whilst still looking to benefit from our view of shorter-term opportunities.
The fund brings together our best ideas, generated from across our global fixed income team. Each idea must have the potential to give a meaningful contribution to returns; leading to a focused portfolio. As an overarching solution, we believe 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
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
Explore our fixed income range
Aviva Investors Multi-Strategy (AIMS) Fixed Income
An outcome-oriented fixed income strategy with a focus on diversified sources of return and downside protection.
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
Re-enter the dragon: What China’s recovery from COVID-19 means for emerging markets
7 Apr 2020
We explore the impact of COVID-19 on China and emerging market debt and equities.
COVID-19 and a brief history of emerging market debt drawdowns
2 Apr 2020
COVID-19 is testing investors’ patience. A brief history of EMD drawdowns suggests why they should do nothing.
The impact of COVID-19 on private debt
30 Mar 2020
Anxiety in public markets over the coronavirus will also test the resilience of private debt.
Are investors too complacent about the coronavirus?
21 Feb 2020
In the latest of our editorial series, Link, AIQ brings members of Aviva Investors’ investment strategy, equity and debt teams together to discuss the prospects for financial markets and the world economy in the face of the coronavirus epidemic.
Broadening global investment-grade horizons
20 Feb 2020
UK investors considering whether to allocate to global investment-grade credit may discover the broader diversification benefits can significantly improve a portfolio’s overall risk dynamics.
Multi-asset allocation views: The pros and cons of higher-yielding fixed income
16 Jan 2020
Sunil Krishnan asks whether higher-yielding fixed income assets remain good diversifiers for multi-asset portfolios in the current environment.
Reform: A route to resilience in emerging markets?
13 Jan 2020
Following a series of IMF meetings in Washington, D.C., Carmen Altenkirch and Dariusz Kedziora discuss their views on how reform prospects may shape emerging market debt.
Climate risk for insurers
12 Dec 2019
Climate risk has become a critical business issue, but a recent consultation by the European Insurance and Occupational Pensions Authority highlights confusion on how to assess it.
Global high yield in a sub-zero world
24 Sep 2019
In the strongest signal yet that central bank policies are upending the investment playbook, sub-zero conditions are extending to the high yield market for the first time. Sunita Kara, looks at the implications for investors.
Three steps to improve the green bond market
11 Sep 2019
Green bonds can be a powerful tool for attracting investment in environmental projects, but reforms are needed to promote further growth of the market, argues Colin Purdie.
Lagarde as ECB chief – independent but integrated?
22 Aug 2019
Christine Lagarde has been nominated to head the European Central Bank at a difficult time for monetary policy given growing fears of a recession in the euro zone. Despite much debate on her credentials, Stewart Robertson argues she is the right candidate for the job.
As China soars, emerging market investors need a rethink
21 Aug 2019
With China set to dominate EM equity indices over the coming decades, investors need to adjust their approach to the asset class, argues Alistair Way.
Italy’s threat to the euro has not gone away
30 Jul 2019
The Italian government remains on a collision course with Brussels despite recently striking a deal over its 2019 budget. A mis-step by either side could lead to a fresh euro zone crisis that the new head of the ECB might struggle to contain.
Sovereign interests: ESG matters in emerging market debt
31 May 2019
The emerging market debt universe offers investors an expanding pool of opportunities that may be better assessed when integrating environmental, social and governance factors.
Degrees of separation: Re-examining the relationship between EMD and the dollar
7 May 2019
Old assumptions on the traditional link between emerging market debt and the greenback are being challenged, writes Liam Spillane.
The EM framing fallacy: Emerging market debt and the trials of a misunderstood asset class
7 May 2019
How we frame things deeply affects how we process information and subsequently act on it. So much so that, despite convincing evidence to the contrary, it can be extremely hard to shake off a fabled preconception. It seems that once a label sticks it can be very hard to dislodge.