Bonds

BONDS

Hugh Hendry has backed Japanese equities to continue their stellar start to 2013, but is also boosting exposure to sovereign bonds on concerns Japan's recovery will have harmful effects elsewhere.

Artemis Strategic Bond manager James Foster has avoided taking a hit on Co-operative Bank bonds by selling his position two weeks before today's sell-off.

ON BONDS

Scottish Widows Investment Partnership (SWIP) has promoted Dan Daldry to co-manage its Absolute Return Bond fund alongside James Carver.

Veteran investor Warren Buffett has told investors Ben Bernanke's interest rate policy has been "brutal" for holders of bonds and punishing to savers.

FIVE CHALLENGES CARNEY FACES

Kames Capital has bought into the record $17bn corporate bond issue unveiled by Apple yesterday, saying the deal "has to be a buy" - but other fund managers are not so sure.

Lakshman Harendran, member of the global convertible bond team at RWC Partners, argues that convertibles are an ideal investment for today's high-risk, low-yield environment.

Kira Nickerson discovers that some fund managers are beginning to re-examine this previously unpopular asset class.