Bonds

ING IM has hired a new head of emerging market debt(EMD) from Aviva Investors.

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Standard Life Investments (SLI) is looking to convertibles for returns in its £106m Strategic Bond fund as investment grade opportunities diminish.

Investec Asset Management has launched an offshore version of John Stopford's Global Diversified Income fund.

Kames Capital is planning to launch an "aggressive" rates fund to prepare for an eventual increase in interest rates on government bonds.

Banks in the eurozone periphery face years of misery trying to shift bad debt, according to Old Mutual Global Investors'(OMGI) Christine Johnson.

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Ian Spreadbury's £3.5bn Fidelity MoneyBuilder Income fund has widened its remit to allow the manager to buy non-sterling corporate debt in a move to boost liquidity and performance.

Kames Capital has promoted Claire McGuckin to co-manager of the Kames High Yield Global Bond Fund to ease the burden on the existing team.

Japanese investors are still net sellers of foreign bonds despite Shinzo Abe's policy of aggressive fiscal stimulus, with the situation unlikely to change until inflation starts to climb, M&G's Mike Riddell has said.