
Legal & General Strategic Bond Fund
Celebrating £1bn AUM (as at 30 May 2025)
Watch ‘Drama and dynamism: spotlight on the L&G Strategic Bond Fund’
Click below to access the 3-part video series in partnership with Citywire

Act One: Drama in bond markets
When bond markets suffered their worst performance in decades, Mat Rees and Amélie Chowna were reading different cues to market consensus.
In this first act they share how they navigated the 2022 market collapse with careful but active duration management.

Act Two: Mastering the dramatic pause
In theatre and investment management, timing is everything. When do you act decisively? When do you stand still?
In act two of Drama and Dynamism, Mat Rees and Amélie Chowna share their notes on the importance of patience and informed conviction when managing duration and credit selection.

Act Three: The show must go on
As the curtain falls on the Drama and Dynamism series, Mat Rees and Amélie Chowna share their plan for the uncertain market dynamics ahead.
For financial advisers seeking a solution that could adapt to changing market conditions, this final act is not to be missed.
Photo credit: Adithio Noviello of Citywire
Overview
The Legal & General Strategic Bond Fund seeks to outperform fixed income markets across multiple credit and interest rate cycles. We aim to do this by managing interest rate and asset class exposure across a diversified investment universe of both government and corporate debt. Click here to meet the team.

Active management of interest rate exposure

Diversified exposure to corporate debt

Team-based approach for long-term outcomes
Latest news and views

The importance of dynamism in difficult times
In this article, we explore the merits of a strategic bond fund to help navigate uncertain market dynamics, and how diversification, duration and risk management have been key in shaping the L&G Strategic Bond Fund's returns over the years.

The Fixed Income Files: Strategies for a New Era
Hear from our fixed income experts Matthew Rees and Amelie Chowna on topics including inflation’s impact on bonds and mitigating volatility. They also share insights to help you navigate the complexities of today’s bond market. Hosted by Citywire.

Why Fixed Income?
Hear Matthew Rees, Head of Global Bond Strategies, explain why Active Fixed Income at L&G
Team-based approach for long-term outcomes
We believe in delivering long-term outcomes for clients through a collaborative and team-based approach. The strategy utilises the full range of L&G’s active fixed income capabilities, including teams of investment grade credit, emerging markets and high yield research analysts, investment specialists and credit strategists.

Colin Reedie
Head of Active Strategies

Matthew Rees
Lead Portfolio Manager
Head of Global Unconstrained Fixed Income
+ 6 team members
Developed Market Investment Grade Credit
Government Bonds
Risk Management

Uday Patnaik
Head of Asia Fixed Income and Global Emerging Markets Debt
+ 7 team members
Emerging Market Debt

John Ryan
Head of Global High Yield
+12 team members
Global High Yield
In practice
By bringing together specialists from across L&G, we can distil their expertise into the best ideas for our portfolios, creating an adaptable, repeatable and forward-looking investment process.
Awards should not be considered a recommendation. Past performance is not a guide to the future.

Recommended insights for you
Get in touch

Get in touch
If you would like any further information please complete the contact us form.
Regional sales team




Wholesale Alliances team

Wealth management sales team


Key risks
The value of an investment and any income taken from it is not guaranteed and can go down as well as up, and the investor may get back less than the original amount invested.
Whilst L&G has integrated Environmental, Social, and Governance (ESG) considerations into its investment decision-making and stewardship practices, this does not guarantee the achievement of responsible investing goals within funds that do not include specific ESG goals within their objectives.
The risks associated with each fund or investment strategy should be read and understood before making any investment decisions. Further information on the risks of investing in this fund is available in the prospectus here: