corporate bonds

Core strength of Prudential Group is its focus on top-down asset allocation, says Williams

It may be too soon to talk about the green shoots of economic recovery, but fiscal and monetary stimulus packages have certainly started to have an effect.

Despite equalling the record for the number of successive days of gains on UK and US equity markets, it is worth noting that neither has made much ground since the turn of the year.

Harvey's decision to reject subordinated high-yield bonds has lifted performance

Newly-appointed manager reduces banks exposure to turn around performance on New Star Sterling Bond vehicle

The market lows of early March were followed by a swift turnaround in risk appetite, fuelling a sharp rally in equity and credit markets in April and May, ahead of some profit taking in June.

Roger Webb, head of credit portfolio management at Aviva Investors, will leave the company in the autumn.

The Co-operative Asset Management (Co-op) has hired Daniel Fox from Insight Investment to run its Corporate Bond Income trust.

Brown Shipley is re-launching its £18m MultiManager Balanced fund as an income vehicle as part of an overhaul of its Solus Oeic range.

With the corporate bond market now recovering, a higher exposure to credit is likely to offer significant potential for maximising returns.