Schroders has launched three emerging market debt funds to be managed by recently recruited co-heads of fixed income James Barrineau and Rajeev de Mello.
Spain's 5-year bond yields hit a new euro-era high at a disappointing auction today as investors cast doubt on the country's ability to repay its debt.
Invesco Perpetual's Paul Causer, Paul Read and Nick Mustoe have invested over 75% of their new Global Financials fund into banks, the fund's first monthly update reveals.
Equity markets around the world have struggled to make headway this year, with many major indices giving up gains made early on to leave them standing flat or down for 2012.
SocGen permabear Albert Edwards has said the S&P 500 is in danger of breaching a crucial support level, a move that may coincide with US 10-year treasury yields moving below 1%.
Spooked investors nervous about the outlook for major economies around the globe are buying record amounts of short-term assets.
Brian Hess, manager of the $998m Legg Mason Brandywine Global Fixed Income fund, has upped exposure to Mexican and South African government debt to drive returns in volatile markets.
Stronger than expected employment data could not prevent Wall Street selling off at the open this afternoon.