The yield on UK gilts has fallen to a new record low during trading today, as demand for safe havens picks up once again following indecision from the Fed over expanding its stimulus programme.
Allianz Global Investors will reopen its soft-closed renminbi bond fund to investors on 6 August due to redemptions and increased liquidity in the market.
Ten-year US Treasury bonds were sold at a record low yield at auction yesterday, as fears that the US economic recovery is fading mounted.
Corporate credit fund manager Muzinich & Co. is preparing for a buying opportunity in the European high yield sector if Spain suffers further sovereign downgrades.
Insight Investment has blocked investors from pumping more money into its €1.1bn Insight Euro Liquidity fund following the European Central Bank's move to cut interest rates.
John Hamilton is to step down from his role as head of fixed interest at Jupiter after almost 25 years at the group.
M&G's Richard Woolnough said the possibility of another £375bn in asset purchases by the Bank of England means gilt yields could remain at record lows for years to come.
Aviva Investors is shutting its Absolute Tactical Asset Allocation fund range on 11 July as a result of sub-scale net asset value.
Three senior fixed income heads have all exited Aberdeen Asset Management following a restructure of its global fixed income team.