Rathbones Asset Management Head of Fixed Income Bryn Jones and Fund Manager Stuart Chilvers explain how higher bond yields are creating a more attractive opportunity set and why making the most of it demands sharper choices.
Summary
Rathbone Ethical Bond fund is one of the UK’s oldest ethically managed bond funds, a sterling investment grade bond fund that combines an income objective with a rigorous ethical screen.
Why invest in the Rathbone Ethical Bond Fund
Longevity
Established in 2002 and managed by the same manager, Bryn Jones, since 2004, the fund reflects a long-standing, consistent approach to ethical fixed income investing.
Specialist research and oversight
Our investment team is supported by the Responsible Investment Centre of Excellence, bringing together environmental, social, and governance (ESG) integration, stewardship, and ethical and sustainable research. The Centre screen every investment to ensure adherence to the ethical criteria by a team independent of the investment team.
Tried and tested investment process
Our disciplined approach assesses every bond against our ‘Four Cs’ Plus framework (Character, Capacity, Collateral and Covenants).
Truly active
Our investment decisions are driven by research and conviction, with individual bonds selected on their own merits rather than their index weighting.
Experienced, stable management
Decades of combined experience inform our team's consistent and disciplined approach to ethical bond investing across different market environments.
While bonds can help reduce the overall risk of a portfolio, they are not risk free. Changes in interest rates, inflation and market conditions can affect the value of investments and the income they generate. Investors may get back less than they originally invested.
Meet the Fund Managers
Bryn Jones
Fund Manager
Stuart Chilvers
Fund Manager
Christie Goncalves
Assistant Fund Manager
Ratings and awards
Literature Library
Filters
Latest fixed income insights
1 min
25 September 2026
Fixed Income Masterclass | High Yields, Active Selection, and AI’s Impact
Watch Christie Goncalves, Fixed Income Assistant Fund Manager, and co-panellists discuss rising rates, expanding deficits, and volatile credit dynamics are reshaping the fixed income landscape, demanding a sharp, highly disciplined strategy.
7 mins
9 September 2026
When the lines blur: private credit in a public world
The distinctions between banks, insurers, asset managers and public and private markets are becoming increasingly blurred. Rathbones Fixed Income Assistant Fund Manager Christie Goncalves explores this convergence and what it means for credit investors seeking to identify risk before markets do.
1 min
19 November 2025
Sustainable Fixed Income Masterclass | November 2025
Sustainable fixed income is leaping ahead. Watch Bryn Jones and co panellists discuss the shift from risk-screened ESG bonds to dual-materiality strategies. Learn what drives allocator appetite, reshapes fund labelling, and makes active management central to sustainable portfolios.