Global

Lombard Odier Investment Managers is preparing to launch a catastrophe bond fund, making UCITS version of the vehicle available to retail investors in the autumn.

Invesco Perpetual has promoted Jack Parker to deputy fund manager on a series of funds, including a trio of offshore portfolios run by co-heads of fixed interest Paul Causer and Paul Read.

Neuberger Berman's Jon Jonsson (pictured), senior portfolio manager of the $155m Global Bond Absolute Return fund explains why he has not reduced his short position in German bunds despite the recent sell-off.

Invesco Perpetual's fixed income team have said the sector faces "strong headwinds" for some time as summer volatility returns, and markets anticipate interest rate hikes.

Invesco has appointed Asia Pacific fixed income CIO Ken Hu as manager of the fixed income portion of its $1.1bn Invesco Asia Balanced fund, following the departure of manager Frankie Tai.

Chris Iggo (pictured), CIO fixed income at AXA Investment Managers, discusses the main issues for fixed income investors as Greece reaches a deal with its creditors.

BlackRock has published a paper proposing a raft of reforms for regulators and asset managers to address the growing problems with liquidity in the bond market.

Hermes has appointed Patrick Marshall as head of private debt and CLOs, as it looks to develop its offering in the area.

How to protect against another Lehman

Neuberger Berman has launched a global credit long/short fund for a four-strong team of credit managers that joined the group through an acquisition last year.