Luke Hickmore, investment director, fixed income at SWIP, discusses why investors in credit will enjoy good returns this year.
European banks and finance officials are discussing a proposal to replace existing Greek debt with a different type of bond to get around ratings agencies' reservations about a planned rollover, Reuters reports.
Announcing a haircut on Greek bond holdings would help restore a positive mood to bond markets, which have largely priced in such a move, said DWS Investments' CIO Asoka Wöhrmann.
Aberdeen is merging its Global Sterling Corporate Bond fund into its Global World Bond fund due to the small size of the former portfolio.
Investec manager points to change of focus as performance catalyst since taking reins of the group's Strategic Bond fund in 2006.