Sovereign credit risk and a rise in interest rates could threaten the credit market by impacting the cost of funding companies and eroding the value of bonds, says Julie Lamirel at Axa Investment Managers.
Fears of a bubble forming in bond markets are misplaced, say fixed income veterans Paul Causer and Paul Read, managers of Invesco Perpetual's £6bn Corporate Bond fund.
Lombard Odier Investment Managers has launched an actively-managed bond fund, investing across a range of BBB and BB-rated European corporate bonds.
Old Mutual has broadened the parameters of Stephen Snowden's £780m Corporate Bond fund, allowing the manager to move duration to zero to mitigate interest rate risk.
In the latest Conjecture debate, our panelists from Legg Mason, Standard & Poor's and Rathbones Unit Trust Management discussed Corporate Bonds.
Axa Investment Managers is launching a sterling-denominated short-duration credit fund.
Smith & Williamson has added euro and dollar share classes to its popular Short-Dated Corporate Bond fund.