Bonds

After an event-filled 12 months, industry experts reveal how they will be shaping their portfolios for the start of the new year

Schroders has launched the offshore ISF EURO High Yield fund for Konstantin Leidman.

Global fund management groups such as BlackRock, T Rowe Price and Federated Investors are rushing to set up ‘ultra-short' bond funds to lure investors away from the money markets.

Robin Geffen, CEO of Neptune Investment Management, has warned bond investors should be bracing themselves for severe losses when the interest rate cycle turns.

The government will pave the way for the issuance of ‘super-long' gilts by removing the current maturity cap.

Fidelity's Ian Spreadbury has warned conditions in bond markets are the most risky he has seen since he started his career 30 years ago.

Bob Jolly (pictured), head of global macro at Schroders, reviews a year in global bond markets and asks what themes could characterise the asset class in 2013.

The IMA has been questioning fund groups over their exposure to currencies in their fixed income funds, with the view to tightening sector definitions.

Schroders' head of US fixed income Wesley Sparks has argued investors should brace for a high yield correction in the first quarter of next year, as yields could rise by as much as 100 basis points.

Liontrust's chief executive John Ions said he hired Thames River's former credit head - just 18 months after selling Liontrust's existing credit arm - for its global specialism.