Bonds

Bill Gross, the manager of the world's largest bond fund, said Chancellor George Osborne needs to ditch austerity and 'spend money' if the UK is to emerge from its current economic malaise.

ON BONDS

Liquidity in fixed income is a topic that investors have increasingly focused on since the onset of the credit crisis, and rightly so.

Franklin Templeton Investments has appointed David Zahn to head its European fixed income team following an overhaul of its strategy in this area.

Threadneedle's Michael Poole is to become lead manager on the group's £790m European High Yield Bond fund as Barrie Whitman steps back.

FIXED INCOME

FIXED INCOME

Investors flocked to buy index-linked gilts in a Debt Management Office(DMO) auction yesterday, despite real yields being the lowest since the bonds were first offered in the early 1980s.

Fidelity has added a new product to its emerging market debt fund range, taking the total number of products to four.

Kleinwort Benson CIO discusses where investors are really putting their money and reveals the equity markets he is backing this year.