Bonds

The FCA has used its consumer protection powers for the first time, banning the sale of contingent convertible securities to the mass market.

PIMCO's giant Total Return Bond fund - headed up by Bill Gross - suffered outflows in July, clocking up its fifteenth straight month of withdrawals, according to new data.

The threat of rising interest rates to investors' portfolios - in particular their fixed income positions - is becoming more apparent, but can more niche areas like senior secured loans protect them from losses?

BONDS

Some of the country's top bond fund managers are increasing liquidity in their portfolios over fears a ‘shadow banking' bond market bubble buoyed by ‘tourist' investors may burst.

EMERGING MARKETS

EMERGING MARKET DEBT

Investors predicting historically-low interest rates will rise after the end of quantitative easing are misguided, M&G's fixed income desk have said.

Towers Watson, one of the UK's largest pension fund investment consultancies, has issued a stark warning to clients urging them to consider reducing their exposure to corporate debt.

Bond fund investors should beware a crowded market where there is a growing risk of being caught out by a sharp sell-off in fixed income, analysts at RBS have warned.