Bonds

Many analysts use sovereign ratings as a proxy for country risk, despite the fact they are two distinct risk types, say Marcel Heinrichs and Ivelina Stanoeva at S&P Capital IQ.

SENATE UK VIDEO

Ex-Schroders head of UK and European credit Adam Cordery has joined Santander Asset Management after exiting Schroders last July.

Royal London Asset Management (RLAM) is planning to launch an absolute return bond fund later this year for Paul Rayner and Craig Inches, Investment Week understands.

COPORATE BONDS

UBS Global Asset Management is launching the UBS Sterling Corporate Bond Indexed fund, its first passive fixed income fund for the UK wholesale market.

Paul Griffiths is leaving his role as global co-head of fixed income at Aberdeen Asset Management, handing over sole responsibility for the role to Brad Crombie.

René Defossez, fixed income strategist at Natixis, assesses the next steps for the UK economy.

The situation in Cyprus could have a far more negative impact on the credit market than it has so far, Kames Capital's Melanie Mitchell has said.

Fidelity's Ian Spreadbury is taking a contrarian stance compared to his peers in the bond sector, maintaining interest rate risk in his portfolios as other managers are reducing duration.