AXA Investment Managers has hired two senior members to its EMD team as its head of emerging markets fixed income Damien Buchet departs.
Fixed income managers have been forced to adopt protective measures in response to the huge spike in volatility seen in bond markets in recent weeks.
To circumvent the interest rate and the liquidity risks in high yield, Olivier Debat, senior investment specialist, global & absolute return fixed income, at Union Bancaire Privee, looks at if CDS indices are the answer
Why investors shouldn't dismiss whole asset classes
Aberdeen Asset Management has set aside $500m in credit lines to fund potential redemptions from their funds if the bond market sell-off escalates.
Investors pulled an estimated £1.5bn from Richard Woolnough's M&G Optimal Income fund in April and May as bond market volatility brought a sudden end to the portfolio's rapid AUM growth.
Hermes Investment Management has added to its fixed income range with the launch of an Absolute Return Credit fund.
Cazenove Capital CIO Richard Jeffrey examines the scenarios with the greatest 'potential to sting' fixed income investors.
Pioneer Investments has launched an emerging markets bond short-term strategy in response to investors' need for better protection from rising interest rates.