
Using the Lipper Leaders scoring system to analyse the best-performing funds in the IA Sterling Corporate Bond sector Bonds, as we’ve been repeatedly told this year, are back. But are they worth backing? Bonds have been the asset class of choice for the year. UK investors have put £10.3bn into bond funds in the first six months of 2023. In contrast, equity funds have suffered £8.3bn of redemptions. While the value of bond principals has been hit hard as base rates have risen, this same process has, by definition, increased yields in outstanding bonds and forced new issuers to