May

Top-Performing Bond Fund Thrives on Risks That Most Others Dodge

Pioneer buys Turkey, Nigeria, sees assets outperforming peers
Bond fund has beaten 98 percent of rivals over five years

Bring it on. That’s Yerlan Syzdykov’s response to political and financial jolts that have whipsawed markets from Russia to Turkey in recent years, and it’s paid off for the portfolio manager at Pioneer Investment Management Ltd.

Syzdykov’s $3.9 billion Emerging Markets Bond fund has beaten 98 percent of peers over the past five years by making outsized bets in countries that are being roiled by everything from political coups to debt restructurings…

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Top-Performing Bond Fund Thrives on Risks That Most Others Dodge

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