Cazenove vehicle beats Corporate Bond sector average by 5.3% over three years
Phoenix, the former Pearl group, is raising up to £33m through a placing to pay off a missed bond coupon payment.
Brevan Howard's Philippe Lespinard is joining Schroders in the newly created role of fixed income chief investment officer.
Skandia Investment Group has removed RLAM from management on its £200m Corporate Bond fund, handing control of the vehicle to Fidelity.
Invesco Perpetual's Paul Read and Paul Causer have cut almost 30 holdings from their £129m City Merchants High Yield trust as the managers look to reduce risk in the portfolio.
Pimco's Mike Amey believes Chancellor George Osborne must stick to his reduction plans outlined in the Budget despite fears the cuts could derail UK growth.
RBC Wealth Management has reached an agreement to buy BlueBay Asset Management for £963m.