The FSA has written to fund houses requesting reports on whether their corporate bond funds could meet redemption demands, amid liquidity concerns in the fixed income market.
Allianz Global Investors has hired a specialist infrastructure debt team to establish an investment grade debt platform.
Smith & Williamson Investment Management is to add to its fixed income range with a Medium-Dated Corporate Bond fund for Ian Kenny.
Contrary to our earlier article ‘Are these bond funds too exposed to banks' the Ignis Corporate Bond fund is actually underweight the banking sector.
A number of corporate bond funds are taking on too much risk by running hefty positions to bank bonds, Fund Expert's Brian Dennehy has said.
Gold could be the best asset class to own in 2013 if inflation starts to pick up following major stimulus programmes from central banks, Fidelity's global strategist Andrew Wells has said.
Investment manager GAM has slowed inflows into its catastrophe bond fund, launched in the fourth quarter of last year, due to capacity constraints in the sector.