Bonds

Fixed income managers have expressed concerns over a new initiative to boost shrinking liquidity in bond markets, fearing the inclusion of 15 banks will cause price swings in the market.

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.

A new industry initiative aiming to improve liquidity in the fixed income market has gone live under the title Neptune, supported by 42 banks and investment firms.

James Mitchell, portfolio manager in global fixed income for Russell Investments, analyses the key risk factors for the high yield market as the Federal Reserve moves closer to raising rates.

Standard Life Investments has appointed Shayne Dunlap co-manager of the Absolute Return Government Bond fund as former Ignis CIO Chris Fellingham leaves the firm.

Nikko Asset Management has expanded its global fixed income team with the hire of fund manager Holger Mertens from Lazard.

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.

Thomas Miller Investment has launched two new bond funds, as it continues to expand its onshore range.

Bonds will experience a volatile summer, according to TwentyFour Asset Management's Chris Bowie, who believes the Federal Reserve will opt for a September rate hike.

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.