PIMCO's Bill Gross is moving from the offensive to the defensive as he calls time on the ‘total return' strategy he has pursued over the past three decades.
Fidelity Worldwide Investment has expanded its bond fund range with the launch of a global high yield fund for managers Ian Spreadbury and Peter Khan.
The latest round of quantitiative easing is a threat to future economic growth in the UK, Fidelity's bond star Ian Spreadbury has warned.
Invesco Perpetual's co-head of fixed income Paul Read has said April's French presidential election is the "one to watch" for markets in 2012.
Yields on UK gilts jumepd in early trading as investors reacted to the threat of a possible downgrade of the UK's AAA rating.
Owning gilts has made the single largest contribution to recent performance of the £761m Miton Special Situations fund, and there is more money to be made in the asset class, said manager Martin Gray.
Distinction Asset Management has converted its Cautious Return fund into a multi-manager absolute return portfolio, managed by Armstrong Investment Managers.