Bonds

Threadneedle's Jim Cielinski said investors concerned about a jump in government bond yields should instead prepare themselves for a long period of financial repression.

Smith & Williamson is to launch a global government bond fund for manager Chris Lynas this month.

Claire McGuckin has joined Kames Capital's fixed income team as an investment manager working alongside Phil Miburn.

Jupiter's Merlin multi-managers have added Phil Milburn (pictured) and Melanie Mitchell's Kames High Yield Bond fund to their £3.5bn Income and £1.3bn Balanced portfolios.

Old Mutual Asset Managers' Christine Johnson, manager of the £483m Corporate Bond fund, asks whether investors would be sensible to hold 'risk on' and 'risk off' fixed income assets in the same portfolio.

Threadneedle's Henry Stipp is to take over management of Threadneedle's £742m Emerging Market Bond fund following the departure of Richard House.

Schroders is preparing to launch a fund of funds investing in a range of the group's own Maximiser and fixed income portfolios.

ING Investment Management is set to unveil a Euro Covered Bond fund aiming to offer investors low risk access to the European corporate bond market from issuers including banks.

Canny investors should have heeded the "clear signal" to buy equities in December, as they are set to rise despite the threat of a bear market in bonds, said Investec's Max King.

Kames Capital's investment grade bond managers Stephen Snowden and John McNeill have accused regulators of making the credit crunch even worse by imposing too many restrictions on banks too soon after the financial crisis.