Wealth and Asset Management
Sanlam and Premier Miton buy the CoCos dip
Sanlam’s Peter Doherty has upped his exposure to contingent convertible bonds (CoCos), after the wipe-out of Credit Suisse’s AT1 bonds caused contagion in the market. Doherty is the manager of the £158m Hybrid Capital Bond fund. Prior to the $17bn writedown of the Credit Suisse bonds, the Sanlam fund was…
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