Ratings agencies went hell for leather downgrading financial hybrid bonds recently. And with upcoming regulatory changes, next year could prove tricky for bank bond investors. Rathbones' Bryn Jones explains why.
Where are the best credit opportunities following the sell-off?
Royal London Asset Management is to launch an absolute return fixed income fund by the end of the year as competition heats up in the space.
Star bond manager Bill Gross helped attract more than $1bn of estimated net deposits into two bond funds at his new home Janus Capital in October.
The PIMCO Total Return fund suffered a record $27.5bn in outflows last month, following on from the $23.5bn pulled out in September as Bill Gross (pictured) left the company.