Richard Woolnough, manager of the £24bn M&G Optimal Income fund, says he is at a loss to understand why the US is holding off on raising interest rates.
Fund managers give their views on the key issues impacting global asset classes and outline how they are positioning portfolios.
The PIMCO Total Return fund has fallen in the rankings of world's largest bond fund, replaced by Vanguard's Total Bond Market Index fund.
The curious case of the EM bond proxies
Election fever, US house prices and reviving Indian industry
Former Federal Reserve chairman Ben Bernanke has taken a position as a senior adviser at PIMCO.
Wasps, an English professional rugby union club, has launched what it claims is the first retail bond to be issued by a sports club.
Need for financial tests for investors