Bonds

Strong outperformance due to limited demand leads Finlayson to cash in holdings

Old Mutual Corporate Bond fund manager Stephen Snowden has warned the value in many investment grade credit funds has been completely exhausted despite the overall market remaining at distressed levels.

UK investors bought a fifth of the €5bn 10-year bonds sold by Greece yesterday.

London & Capital has appointed Sanjay Joshi as senior portfolio manager on its fixed income team.

Thesis Asset Management's Michael Lally is planning to add emerging market and mortgage-backed debt to his £13.7m Optima Bond fund.

Royal London's Craig Inches says fears of a dramatic and prolonged spike in gilt yields are unfounded.

PSigma Investment Management CIO Thomas Becket is adding BlueBay's Emerging Market Corporate Bond fund to the group's fixed interest portfolios.

Jupiter manager believes low-rate environment will continue to be supportive for bonds as investors continue to search for yield in 2010

Invesco Perpetual joint heads of fixed income Paul Read and Paul Causer have handed over five of their portfolios.

The Financial Services Authority is working to improve liquidity and transparency in the UK bond market in the face of increasing competition from emerging markets.