Bonds

Swip's head of multi-manager Mark Harries has moved his portfolios towards absolute return bond funds as investors become jittery on some parts of the fixed income market.

Alliance Trust's Rod Davidson has launched his new Monthly Income Bond fund with the credit allocation in defensive names.

BONDS

Ignis head of credit portfolio management Chris Bowie is using the strong rebound in risk appetite today to accelerate the group's de-risking in credit markets.

BONDS

F&C's Fatima Luis has introduced BP bonds into her £237m Strategic Bond fund, believing the debt was trading at excessively distressed levels.

Corporate bond fund managers have been forced to build high cash positions in their portfolios after new issuance from European companies dried up over the past month.

FUND MANAGER FOCUS

Asset backed securities (ABS) are presently the most attractive section of the corporate bond market, according to Royal London's Sajiv Vaid.

BONDS