PIMCO's co-CIO Bill Gross has poured $4.4m (£2.7m) of his own money into five municipal bond funds run by the group in anticipation of a rally, Bloomberg reports.
The EU plans to make private lenders cover the losses of any future eurozone debt crisis, which will have a knock-on effect on government bond yields.
Neptune's head of US equities Felix Wintle is preparing to increase exposure to financials in his US Opportunities fund, which has had a long-term underweight to the sector.
European fund managers are increasingly finding value in non-euro countries. Joanna Faith reports.