High-return funds launched

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The credit market has seen a rash of new fund launches over the past few months. The funds are specifically designed to maximise returns in what is becoming a tough trading environment.

Morley Fund Management has added a high performance corporate bond fund to its pooled pension fund range. The MMPL High Alpha Corporate Bond Fund has an outperformance target of 1% per annum, net of fees, over the iBoxx sterling non-gilt index. To achieve this, the fund can make tactical allocations to US dol

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