corporate bonds

Topping up exposure on weakness

Fed rate hike also causing investor jitters

Favours investment grade over HY

FCA to conduct further research

Iain Stealey, manager of the JPM Global Bond Opportunities fund, argues that bonds can still do well amid higher volatility

Sterling-denominated bonds saw their worst quarter on record in Q2 of 2015, amid a fierce sell-off in German bunds and escalating worries over upcoming rate increases.

Royal London Asset Management's Eric Holt has said investment ideas outside the mainstream have helped performance on his £1bn fund despite a liquidity squeeze in bond markets.

J.P. Morgan Asset Management's Andreas Michalitsianos argues the government's pension reforms have driven long-dated sterling corporate bond issuance to the point of extinction.

The Wealth Management Association (WMA) is calling for an overhaul of the retail bond market in order to make it more accessible to wealth managers and their clients.

Global fund managers have warned corporate bonds are the most overvalued they have ever been and are at risk of a sell-off, while liquidity conditions are getting worse.