Bonds

PIMCO's Bill Gross is urging investors to play the safe end of the credit space by shunning duration risk, as rising inflation hits yields.

Iceland is poised to re-enter the bond market for the first time since the collapse of its major banks.

AllianceBernstein has launched a renminbi fixed income fund for Hayden Briscoe, aiming to capture high yields from Asian bonds.

ON BONDS

The Bank of England is "failing in its remit" to control rising inflation which could undermine demand for bonds, according to Artemis manager James Foster.

Rajeev De Mello is leaving his role as Asian bond manager at Western Asset, Legg Mason's fixed income subsidiary, on 10 June.

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