Bonds

PIMCO's Bill Gross has likened the recent sell-off in bonds to the "Battle of the Somme", but said the group is well positioned to fight on in future.

It would be an understatement to say it has been an interesting and, in many ways, frustrating recent period for bond managers.

ON BONDS

James Carver, manager of the SWIP Absolute Return Bond fund, is making a call on the Japanese currency strengthening against the euro as money continues flowing into Japan's equity market.

Giles Hargreave, manager of the Marlborough UK Micro Cap Growth fund, tells Cherry Reynard how he is positioned for the recent run of strength in his sector to continue.

ON BONDS

UK retail investors pulled a record amount from fixed income funds last month as yields spiked on fears of an end to US QE, latest IMA figures reveal.

Family office Fleming Family & Partners has provided seed capital for the launch of the Investec Africa Fixed Income Opportunities fund.

Global bond funds suffered the worst outflows of all asset classes in June and bond indices fell sharply after comments from the Federal Reserve signalling the end of quantitative easing.

EMD