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Sep 30, 2003

Bond fund basics

In his ongoing series of investment pro snapshots, Adrian Holliday talks to five US bond fund managers and analysts

Gary Goodenough, Mackay ShieldsCorporate, high-yield, junk bonds are Gary Goodenough's favorite stomping ground. As the co-head of a range of bond funds at Mackay Shields in New York, Goodenough is a value investor to his core. 'Typically I'm looking for a yield bias. And we're always trying to assess supply and demand, making underweight and overweight judgments to outperform the market. Good credit analysis is a very important driver for us.'With the big dive in international stock markets,

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