GW Capital Bags Sweet Spot Between HY and I-Grade

Iyer-Ahrestani, Savita
October 2010
High Yield Report;10/4/2010, Vol. 21 Issue 40, p21
This article reports on the move of GW Capital to offer the Medium Grade Fund to individual investors in separately managed accounts. Scott Mullet, who manages the fund, noted the difficulty in convincing people to invest in a corporate bond fund. The company also uses the fund to swap out of straight debt if it believes that its convertible issues are trading cheaper. But the company identifies the fund as a buy-and-hold investment vehicle that prefers to hold paper until maturity.


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