Mike Riddell, who joined Allianz Global Investors last month from M&G, is preparing to take over two bond funds from November and has set out plans to build a wider UK-centric fixed income franchise for the group.
The manager (pictured), who previously worked in the highly-regarded bond team at M&G, will be taking over the £980m Gilt Yield and £71m Sterling Total Return funds on 30 November, which were previously...
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Debt has become the opioid crisis of the global economy.
Bond investors spent most of last year transitioning towards a more fundamentally driven approach to selecting assets.
There is something strange going on in Europe according to some commentators - the market has rallied aggressively post the trade war-induced sell-off in the fourth quarter of 2018.
We expect to see continued market volatility and macroeconomic uncertainty in the UK throughout 2019, not least due to Brexit.