Bonds

M&G Investments has expanded its bond team with the appointment of EMD specialist Claudia Calich.

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Aberdeen Asset Management is launching two bond funds for its Luxembourg range and an institutional property fund investing in European real estate.

TwentyFour Asset Management has been appointed to run a new fixed income credit mandate for Aviva Investors' multi-manager team.

The US Federal Reserve surprised investors and sent shares soaring after it unexpectedly opted to hold back on any tapering of its stimulus last night.

High yield analysts and managers have warned some of the largest funds in the sector are being hit by a liquidity crisis.

Fixed income managers have taken profits on their short positions in US treasuries in the expectation this week could mark the start of a short-term rally.

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