Asset Management

Investors pour record amount into European high-yield bond funds

Over €1 billion moved into European high-yield bond funds in week ending January 28

Mario Draghi plans to get Europe’s economy up and running, but he has also sent investors stampeding into riskier corners of the region’s bond market.

Investors poured a record amount of cash into high-yield bond funds after the European Central Bank chief announced a massive bond-buying programme, known as quantitative easing, on January 22, according to data from JP Morgan.

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