Bonds

Barings' Percival Stanion remains cautious on equity valuations believing the risks to the bond market could derail the current bull run.

Augustus Asset Managers' funds are to invest more heavily in convertible bonds as it feels the equity risk premium is now higher than the premium it can earn on vanilla bonds.

In the chaos of 2008, more or less the only investments that made money that year were conventional government bonds, where yields hit historical lows and total returns for gilts were over +12%.

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.