corporate bonds

M&G is to launch a Global Corporate Bond fund for Ben Lord next week, Investment Week understands.

The sharp rally in credit markets following the sell-off caused by the Federal Reserve's tapering talks was a surprise and a cause for concern for Iain Buckle, fixed income fund manager at Kames Capital.

SMART MONEY

It would be an understatement to say it has been an interesting and, in many ways, frustrating recent period for bond managers.

Giles Hargreave, manager of the Marlborough UK Micro Cap Growth fund, tells Cherry Reynard how he is positioned for the recent run of strength in his sector to continue.

Global bond funds suffered the worst outflows of all asset classes in June and bond indices fell sharply after comments from the Federal Reserve signalling the end of quantitative easing.

BONDS

Invesco Perpetual bond duo Paul Causer and Paul Read have boosted liquidity in their £5.5bn Corporate Bond fund to take advantage of new value opportunities which have emerged after the recent bond sell-off.

In a week when tapering talk reached fever pitch, one of our best read stories looked at the dollar slump as Fed chief Ben Bernanke said he will hold firm on QE for a while longer.

The UK is two years behind the US in terms of economic recovery, a leading fund manager has warned.