Bonds

Former BlueCrest manager Emrah Kagitcibasi has joined Pictet Asset Management's London office as part of its emerging market debt (EMD) team.

The number of stocks in the FTSE All Share yielding more than 10-year UK government debt reached a record high this year, but managers have still been able to find relative value in fixed income.

Three themes driving global markets

The European Central Bank may be forced to buy investment grade corporate debt in an expansion of its QE programme, according to M&G fixed income manager Richard Woolnough.

ETF provider iShares has temporarily cut fees on its ultra-short bond range in response to client demand for cash alternatives.

Quantitative easing in the eurozone and inelastic demand from institutions have been blamed for the latest bond market rally to catch out some investors.

Kames Capital has cut the annual management charge on Stephen Snowden's (pictured) Investment Grade Global Bond Fund in an effort to align its with European peers.

Warren Buffett's Berkshire Hathaway is looking to issue its first ever euro-denominated bond, according to reports.

Baring Asset Management has converted its Global Bond Trust into a more flexible Strategic Bond fund and handed it to new manager Guy Dunham.

If aliens knocked on my front door, having read pre-Millennium economic theory books, they would be scratching their frontal lobes with dismay.