Marlborough
Malborough Global Corporate Bond
Sep 2026 → Sep 2026
Our archive holds 1 letter from this strategy and positions in 2 companies. Every quote below is copied verbatim from the letter it came from.
1 letter in a year — follow all of Marlborough for every strategy.
What it bought and sold
The fund added a short-dated Google holding (AA rated, at front end of US curve to oppose market pricing of hikes).
We also added to a short-dated British-Telecom bond again in USD, also with the underlying thesis of opposing market pricing of the rate curve and picking up a decent amount of spread which we deemed attractive for the name.