Bonds

Liquidity in the corporate bond market will never recover to 2007 levels because investment banks are now so risk averse, according to Legg Mason's global bond manager Ian Edmonds.

In the latest Big Debate, our one-on-one special with Rathbone Unit Trust Management discussed Strategic Bonds.

Kames Capital's Stephen Snowden has urged investors not to ditch corporate bonds over fears they will be harmed by inflationary pressures brought about by global central banks printing money.

Kames Capital's Euan McNeil and Stephen Snowden have identified three key catalysts that would cause the managers to move risk off in their £419m Investment Grade Bond fund before the end of the year.

Invesco Perpetual's co-head of fixed income Paul Read has told investors he would cap the £5.7bn Corporate Bond fund if large inflows combined with low liquidity in the market caused performance to suffer.

Janus Capital has launched a Global Flexible Income fund for managers Gibson Smith, Darrell Watters and Chris Diaz.

J.P. Morgan Asset Management's Alain Nsiona Defise has joined Pictet's fixed income team as head of emerging credit.

ON BONDS

Jon Mawby from ECM Asset Management has joined GLG to run its £166m Global Corporate Bond and £189m Global Strategic Bond funds.

James Senior, head of marketing at Ignis, has left the firm with immediate effect.