Jupiter's Ariel Bezalel has started increasing duration on his £3.5bn Strategic Bond fund over the last few weeks, after substantially reducing it last summer.
The manager and his team cut duration substantially last summer, from 5 to 6 years at the start of the year to just 2.9 years, after taking the view the rally in sovereign bonds had become overdone. ...
£44bn committed to sector over five years
Key points from Hammond's 'balanced' Budget
No stamp duty on homes under £300,000
Second Budget this year
Rises in-line with CPI