Bonds

Japan could be the next economy to default as its debt levels are unsustainable, according to Roger Webb, investment director on the credit team at Scottish Widows Investment Partnership (SWIP).

Kames Capital has hired Scott Fleming as fund manager on its fixed income team to focus on exotic bond analysis.

FIXED INCOME

GOSLING'S GROUSE

Albemarle Street Partners has compiled a buy list of 100 funds using its new screening tool ‘Alpha Quest', creating a rival to popular lists of funds already in the market.

The prospect of a sell-off in both equities and bonds, akin to that seen in 1994, is a "very real concern", according to Ruffer investment directors Hamish Baillie and Steve Russell.

Scottish Widows Investment Partnership's Daniel McKernan is to join Standard Life Investments as head of sterling investment grade credit.

Fidelity's Ian Spreadbury has warned the UK economy would be unable to handle higher gilt yields, and expects incoming governor Mark Carney to push for more stimulus to keep prices stable.

MY FIVE KEY BOND TRADES

Insight Investment has launched the Insight Buy and Maintain Bond fund for Adam Mossakowski, aiming to provide diversified exposure to global corporate bonds.