Bonds

Emerging market debt exposure drives long-term returns for funds in IMA Global Bond sector, while government debt is short-term winner.

High-yield products may look like other bond offerings, but they do not act like them, writes Arif Husain, director of fixed income at AllianceBernstein.

Bob Michele, global CIO of fixed income and currency at J.P. Morgan Asset Management, has said Greek bond holders should take a huge hit to help resolve the debt crisis in Europe.

F&C has hired Peter Svoboda as a product specialist in its emerging market debt team as it continues to strengthen the unit following the departure of Helene Williamson.

Jupiter's Merlin multi-manager team has said yields on 10-year UK and US government debt could fall well below existing record lows if markets continue to price in a Japan-style economic outlook.

TWISTED THINKING

ON BONDS

ONE TO WATCH

First State is set to launch its first bond fund in the UK following the hire of Helene Williamson last month.

In December 2009, an economic paper called Growth in a Time of Debt was published by Reinhart & Rogoff.