corporate bonds

PIMCO and Source have launched a product giving investors in Europe physical access to the short dated end of the high yield universe for the first time.

Schroders' corporate bond manager Adam Cordery expects fund managers will typically hold an average 10% in cash in the future, as liquidity in the market dries up.

BNY Mellon has launched an Emerging Markets Corporate Debt fund to tap into what it sees as the next major structural development in emerging market investing.

The £ Corporate Bond sector topped the IMA's best-seller list last month with net retail sales of £303m, the highest level seen since August 2010.

Distinction Asset Management has converted its Cautious Return fund into a multi-manager absolute return portfolio, managed by Armstrong Investment Managers.

Investec Asset Management's Max King and Philip Saunders have backed the winners of the 2011 to once again outperform this year amid ongoing volatility in global markets.

BOND VIGILANTES

Positive economic data from Japan, US and China boosts fund manager's confidence in the global economy

High yield

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