Bonds

Yields on German government bonds have fallen to a new record low amid weaker than expected jobs data from the US.

Schroders has bolstered its fixed income team with the appointment of four emerging market debt managers.

Charles McKenzie, the head of fixed income, EMEA, for Aberdeen has joined J.P. Morgan Asset Management.

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.