Bonds

Hu to manage fund

Leaving Kames after seven years

Markets have been far more volatile this year than last, taking fright at trade wars, the Italian budget, and the rout of the Turkish lira, for example. Yet most of the volatility has been in equity markets, while corporate bonds have provided a relatively...

Boasts low default rate

Bearish outlook will push some players out of the market

Increased volatility

Shorter duration required

Seeking assets with social and environmental impact

De-risks in favour of US Treasuries

Fixed income investors could face a challenging end to the year, as the combination of shrinking central bank balance sheets and still solid growth data could be a headwind for bonds.