Markets are at a transitional stage but whether they move in an upward or downward direction over the next six months is still unclear, according to LV= European manager Richard Falle.

Ignis is eyeing the launch of its first internal retail fund since 2007 with an absolute return bond mandate for its rates team.

Some parts of the high yield bond market do not have all the default risk priced in, warns Invesco Perpetual's Paul Read.

Henderson chief economist Simon Ward believes there is more than a 50% chance of a hike in interest rates by the end of the year, as the MPC looks to curb rising inflationary pressures.

Henderson chief economist Simon Ward believes there is more than a 50% chance of a hike in interest rates by the end of the year, as the MPC looks to curb rising inflationary pressures.

Schroders' multi-asset managers have begun cautiously returning to European equities, using assets taken from the US.

The FTSE 100 is edging closer to 5,000 this afternoon as the US markets shared in today's global market rally upon opening.

Fidelity International's Trevor Greetham has cut exposure to equities and commodities in his multi-asset funds in anticipation of greater buying opportunities later in the year and in 2011.

Pressure is mounting on absolute return managers to deliver what they promised investors - returns in all market conditions - as funds posted losses in the past year.

Aberdeen has halved the number of stocks in the £52m European Frontiers fund in the year since it bought the vehicle from Credit Suisse.