Bonds

Jack Loudoun, manager of the Invesco Gilt fund, has resigned from the company after eight years at the firm.

Henderson's John Pattullo and Jenna Barnard have closed out short duration positions in gilts and treasuries after revising their interest rate expectations.

Goldman Sachs Asset Management has made its unconstrained Goldman Sachs Strategic Income Bond portfolio available to UK investors.

THREE OPTIONS FOR THE GREEKS

Schroders is converting its £380m Strategic Bond fund into an absolute return portfolio in anticipation of rising interest rates.

ON BONDS

Yields on Greek 10-year government bonds have rocketed to record levels as fears rise the nation could default on its debt repayments, the FT reports.

The world's largest search engine is borrowing $3bn (£1.85bn) from the bond market as the returns investors demand from creditworthy companies declines to its lowest since November, the Telegraph reports.

ON BONDS

Schroders has unveiled an ISF Euro Credit Duration Hedged fund for head of UK and European credit strategies Adam Cordery.