UK gilt funds lone positive performers in 'horror show' March

Mike Sheen
clock • 2 min read

Investment Association (IA) UK gilt funds were the only fund sector to deliver positive returns in a "horror show" March, which saw the ongoing impact of the coronavirus pandemic decimate the performance of most IA-registered vehicles.

The sector delivered a 1.6% return for the month, but this did not translate to strong performance for the sterling corporate bond sector, which was rattled as investment grade spreads widened as t...

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