Bond fund manager rankings show top performers over past three years

It is one thing to generate stellar returns during the good times; but which are the best-performing bond funds in all conditions? With the help of data specialist Morningstar, Credit tries to find the answers.

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Assessing the performance of bond funds within a certain category is a fairly straightforward business over a short timeframe. It may be more complicated to do that over a longer horizon, but clearly it is a useful undertaking to be able to see how performance stands up in all conditions – whether fair or foul.

Credit asked data provider Morningstar to come up with a formula to do just that, with fund performance in 10 categories assessed over three 12-month periods: 31/12/2007 to 31/12/2008, 31

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