BIS: Bond market liquidity may depend on few large asset managers

18 March 2015 | By Philip Scott

The central bank thinktank cautions on how markets would react to another crisis.


Barings rolls out strategic bond fund

2 March 2015 | By Beth Brearley

Baring Asset Management has unveiled a strategic bond fund managed by head of global aggregate Guy Dunham and fixed income investment manager Richard Balfour.


Is the 'pensioner bribe' behind £1.3bn fall in fund flows?

26 February 2015 | By Michael Berry

Are pensioner bonds behind the £1.3bn fall in January retail fund flows?

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Bhatti Asad Invesco Perpetual 2015

Asad Bhatti named deputy on Invesco Perpetual High Yield

25 February 2015 | By Philip Scott

Asad Bhatti has been appointed deputy fund manager of the Invesco Perpetual High Yield Fund where he will join the group’s co-heads of fixed interest, Paul Causer and Paul Read in the management of the portfolio.

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Cherry picking and systemic weaknesses: Why Aviva Investors was fined £17.6m

24 February 2015 | By Tessa Norman

Aviva Investors’ systems were open to abuse by traders, regulator finds. 

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Tellsons Endeavour prepares for illiquity shock in bond markets

20 February 2015 | By Michael Berry

Global assets are due a “recalibration of value” when the US Federal Reserve starts to increase interest rates, the FP Tellsons Endeavour team says.

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European credit offering record spreads as US HY struggles

17 February 2015 | By Michael Berry

The energy shock has punished US high yield, but there are opportunities in European high yield on for investors unperturbed by volatility, T Rowe Price’s Michael Della Vedova says.

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JPM's Bill Eigen buys up high yield like 'used cars'

11 February 2015 | By Michael Berry

JP Morgan Income Opportunity fund manager Bill Eigen has plunged into high yield and Venezuelan debt on overdone oil price fears.


Kames to launch new absolute return fund after first gets too large

9 February 2015 | By Michael Berry

Kames Capital plans to launch a second absolute return government bond fund after its first became too large to market.


Falling deflation and lower growth expectations drive 10-year gilt yields to all-time low

30 January 2015 | By Philip Scott

A 10-year loan to the UK government now just yielding 1.4 per cent, per annum.


Solar bond investors face £7.5m losses after firm enters administration

30 January 2015 | By Devraj Ray

Secured Energy Bonds, launched in 2013 with promises of 6.5 per cent interest payments, has fallen into administration.

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JP Morgan AM unveils unconventional bond strategy Oeic

30 January 2015 | By Michael Berry

JP Morgan Asset Management has launched a UK version of its $407.1m Global Bond Opportunities Sicav to counter “intellectually incoherent” conventional fixed income investing.


UK retail funds' AUM bust through £800bn

28 January 2015 | By Philip Scott

Investment Association statistics show record sales of trackers, while UK Equity Income was the top seller driven by flows into Neil Woodford’s fund.


Threadneedle credit analyst to head up Eaton Vance's London push

28 January 2015 | By Michael Berry

Threadneedle high yield bond portfolio manager Jeffrey Mueller is moving to the London officer of US manager Eaton Vance.


Threadneedle Global Opps holds 'substantial' Portuguese debt

23 January 2015 | By Michael Berry

The Threadneedle Global Opportunities Sicav has a bold 7.8 per cent of its portfolio in Portuguese sovereign debt.


Brooks Macdonald Defensive Capital to move to absolute return

16 January 2015 | By Michael Berry

The Brooks Macdonald Defensive Capital fund is moving to the IA Targeted Absolute Return sector – “its correct place”.


'Extremely volatile' UK equity funds dominate Old Mutual Wealth sales

14 January 2015 | By Philip Scott

UK equity funds remained hugely popular amongst investors in the final three months of 2014 despite the market enduring a severe bout of volatility.


European court rules on path for QE

14 January 2015 | By Philip Scott

The ECB must stick to certain conditions if it starts a bond buying-programme, the European Court of Justice says.


Bond veteran Bill Gross ‘fired from Pimco’ after offer to scale back role

13 January 2015 | By Tom Selby

Pimco founder Bill Gross has claimed he was fired by the fund manager after offering to pare back his role at the firm.


Threadneedle to launch Global Opportunities Bond Oeic

12 January 2015 | By Michael Berry

Threadneedle is readying an Oeic version of Jim Cielinksi’s €235.5m (£184.1m) Global Opportunities Bond Sicav.


Gross warns investors will need to look to real assets and cash in 2015

7 January 2015 | By Philip Scott

Bond fund giant says the good times are over.

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Charles Stanley hires Geikie-Cobb as Matterley boss

6 January 2015 | By Michael Berry

Charles Stanley has hired former F&C manager Peter Geikie-Cobb to head its Matterley business and has a new fund in the works for the bond man to run.


Almost $20bn more jumps from Pimco Total Return

5 January 2015 | By Michael Berry

The Pimco Total Return bond fund, abandoned by Bill Gross last year, shed another $19.4bn in December.


Investors to step up hunt for income in 2015

22 December 2014 | By Philip Scott

The big challenge will be not paying too much for yield.


Is Japanese debt a ticking time bomb?

22 December 2014 | By Michael Berry

Abenomics crashes on sending the Topix higher and higher to investors’ glee, but an implicit bet on the creditworthiness of Japan accompanies the trade.


Liontrust global bond scoops up Russian bonds

17 December 2014 | By Michael Berry

The Liontrust GF Global Strategic Bond fund is buying up Russian debt as the currency tanks.


Ex-Swip fixed income CIO heads to Aviva Investors

15 December 2014 | By Michael Berry

Aviva Investors has hired Mark Connolly, formerly of Swip, as its fixed income chief investment officer.

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Asset-backed securities safer post-GFC says RLAM's Sajiv Vaid

15 December 2014 | By Michael Berry

Royal London Corporate Bond manager Sajiv Vaid is looking for solid income with downside protection in the unrated bond market


'Follow-the-Fed' trade may be at an end says JPM's Eigen

12 December 2014 | By Michael Berry

Traditional bond managers now spend their time “parsing” the words of the world’s central bankers, but that may soon come undone, JP Morgan’s Bill Eigen says.


Lyxor sovereign debt ETFs switch to physical

12 December 2014 | By Michael Berry

Lyxor has switched its sovereign bond ETFs to fully physical replication instead of sampling to improve their tracking error.


ING hires Avoca convertibles duo

9 December 2014 | By Michael Berry

ING Investment Management has hired boutique convertibles team Tarek Saber and Jasper van Ingen along with their Avoca Convertible Select Global fund.

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RLAM launches absolute return bond fund

4 December 2014 | By Philip Scott

Royal London Asset Management unveils absolute return bond fund targeting G10 nations

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Canada Life Investments: Why 2015 maybe another bondholders' paradise

2 December 2014 | By Michael Berry

The threat of potential deflation is likely to persist next year, which could mean another great year for bondholders, Canada Life Investments David Marchant says.


Moody's downgrades Japan due to 'third arrow' doubts

1 December 2014 | By Michael Berry

Moody’s has downgraded Japan one notch to A1 citing doubt about the timing and effectiveness of its monetary stimulus and uncertainty of reducing its deficit.


Pimco launches active short-dated corporate bond ETFs

1 December 2014 | By Michael Berry

Pimco has launched two actively managed short-dated investment grade corporate bond ETFs in partnership with Source.


Why GLG Strat Bond fund holds 16% cash and 19% cocos

19 November 2014 | By Michael Berry

The GLG Strategic Bond is building up more-liquid credit holdings – and cash – in advance of volatile markets as it surpasses £1bn in assets.


M&G hit by £1bn UK outflows

18 November 2014 | By Sam Macdonald

Total net inflows year-to-date are at £5.3bn, with some £1.5bn taken in during the third quarter.


Gross paid $290m bonus for underachieving 2013 year

14 November 2014 | By Michael Berry

Pimco founder and former-CIO Bill Gross got a $290m bonus last year despite his blockbuster fund underperforming most of its peers, Bloomberg reports.


Janus launches Dublin version of Gross’ Global Bond fund

13 November 2014 | By Adam Lewis

Janus Capital launches a Dublin-domiciled mirror of Bill Gross’ Janus Global Unconstrained Bond fund.

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Catastrophe bond issues shooting for record $9bn this year

13 November 2014 | By Michael Berry

An insurance shortfall is driving large gains in the catastrophe bond market which is on track for a record $9bn of issuance this year, GAM Star Cat Bond manager John Seo says.

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Is the ECB's QE stimulus enough to tempt you into investing in Europe?