Investment manager AMP Capital Investors has funded its credit opportunities fund and stepped up its exposure to inflation-linked bonds.
Managers in the credit opportunities fund include Franklin Templeton, Loomis Sayles and Stone Harbor.
The portfolio manages about $220 million.
"The managers will invest in sub-investment-grade credit, high yield, bank loans and emerging markets debt," AMP Capital Investors investment director Sean Henaghan said.
"We have been looking for this sector for some time and now believe the pricing is right."
The firm has also hired Ardea Investment Management and Sinopia to manage inflation-linked bonds.
Ardea is managed by former Credit Suisse principals Ben Alexander and Andrew Bartlett.
"We have wanted to include protection against rising inflation in our portfolio. While we don't really expect inflation to spike, there is the risk of a rise due to the fiscal stimulus packages from governments around the world," Henaghan said.
