corporate bonds

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Kames Capital's Euan McNeil and Stephen Snowden have identified three key catalysts that would cause the managers to move risk off in their £419m Investment Grade Bond fund before the end of the year.

Schroders has widened the scope of three of its leading bond funds to allow the managers to use derivatives more widely within their portfolios.

It has been a monumental ten years for equity and bond markets, with the euphoria of the first half matched by the despair seen on the faces of traders in the second half, after one of the worst financial meltdowns ever seen.

Schroders' head of UK and European credit Adam Cordery has left the firm.

Invesco Perpetual's Paul Causer, Paul Read and Nick Mustoe have invested over 75% of their new Global Financials fund into banks, the fund's first monthly update reveals.

Smith & Williamson Investment Management is to add to its fixed income range with a Medium-Dated Corporate Bond fund for Ian Kenny.

Contrary to our earlier article ‘Are these bond funds too exposed to banks' the Ignis Corporate Bond fund is actually underweight the banking sector.

Investors continued to exercise caution in their asset allocation in May, with bond and money market funds the most popular and equity funds seeing their first net outflow in 2012.

Fixed income managers using credit default swaps as hedges are exposing themselves to 'very dangerous positions' due to price dislocation between the derivatives and the underlying market, said Kames Capital's Stephen Snowden.