Legg Mason Global Asset Management has launched a global macro bond fund through its fixed income subsidiary Western Asset.
M&G has handed Mike Riddell's Emerging Markets Bond fund to former Invesco Perpetual manager Claudia Calich.
Former Schroders head of rates David Scammell has joined Santander as a senior sovereign bond fund manager within its European fixed income team.
Schroders' fixed income managers have been adding to US municipal bonds across their portfolios on the view that the sector is ripe for reappraisal by investors.
ING Investment Management has appointed two new senior portfolio managers to its emerging market debt team.
Theo Zemek is to exit AXA Investment Managers, handing over her responsibilities to new hire John Porter.