Bonds

ON BONDS

Bill Gross, manager of the world's largest bond fund, says QE could 'flop' if the private sector fails to pick up the slack when the government stimulus is removed.

Fidelity's bond manager Ian Spreadbury is running a chunky underweight to bank debt in the view it is particularly at risk from the threat of a double-dip recession.

Henderson has promoted Ben Pakenham to the role of lead manager on the £151m Henderson Extra Monthly Income fund, replacing James Gledhill.

The new Irish government could hit holders of bank debt with serious ‘haircuts', drying up bank funding and even derailing the European economic recovery, bond managers have warned.

LVAM is mulling the launch of a strategic bond fund to add to its fixed interest range.

Aberdeen is converting one of its Asian bond funds into a short duration product due to rising demand for the strategy.

PIMCO has soft-launched its Select UK Income Bond fund with its largest allocation to asset-backed and mortgage-backed securities.

ON BONDS

M&G's bond vigilante Matthew Russell explains why inflation expectations should not influence the increasingly hawkish MPC on rate rises.