Bonds

Fidelity manager highlights high-yield corporate debt as area of value in market

Old Mutual's Stewart Cowley has increased exposure to corporate bonds from 15% to 25% this year in his Global Strategic Bond fund, focusing mainly on the lower end of investment grade.

Chris Bowie has moved a third of the £290m Ignis Corporate Bond into defensive fixed income instruments on renewed concerns for the domestic and global economy.

Corporate bonds offer stockpicking managers attractive opportunities

Recent developments in bond markets are likely to become major themes within the fixed income sector, writes Dipankar Shewaram of Western Asset Management.

Pimco managing director Bill Gross, who in January said gilts were "resting on a bed of nitroglycerin", now believes the UK is "decently positioned" to escape its debt crisis.

Greece plans to raise €5bn from a new seven-year bond in its first attempt to raise funds since the EU-backed safety net agreement for the country.

Co-heads of fixed interest at Invesco Perpetual discuss the outlook for bonds and their plans for the newest addition to their fund stable

Colin McLean expects to see more companies issuing bonds directly to retail investors.

Sarasin's John Godley has started buying long-dated gilts believing prices are nearing a bottom.