PIMCO's Bill Gross has criticised the decision that Greece's debt restructuring should not spark a payout on credit default swaps.

The IMA £ Strategic Bond sector was more closely correlated than UK small-cap funds to the FTSE 100 last year, data has revealed.

US GDP for the fourth quarter of 2011 has been revised up from 2.8% to 3%, the latest piece of more positive economic data to emerge from the world's largest economy.

PIMCO's Bill Gross is moving from the offensive to the defensive as he calls time on the ‘total return' strategy he has pursued over the past three decades.

Fidelity Worldwide Investment has expanded its bond fund range with the launch of a global high yield fund for managers Ian Spreadbury and Peter Khan.

Jupiter CIO John Chatfeild-Roberts said he will not take punchy bets on risk assets while there is still the threat of a hard landing in China.

RISING OIL PRICES

Newton's director of investments Iain Stewart has warned investors using derivatives to diversify returns may face problems during times of market stress, as the industry increases its focus on multi-asset investing.

Increasing tensions between the West and Iran have helped push Brent crude to an eight-month high of $121 a barrel, leaving many concerned over the longer-term impact.

M&G tops both retail sales lists as investors seek out bond funds, while BlackRock's active and passive vehicles also prove popular.