ING Investment Management is set to unveil a Euro Covered Bond fund aiming to offer investors low risk access to the European corporate bond market from issuers including banks.
Very few emerging market debt funds have performed consistently over the long term as managers fail to adapt to changing market conditions, according to Fitch Ratings.
SWIP multi-manager head Mark Harries is moving back into equities, after halving his exposure following last August's sell-off.
The managers of the £98m Melchior North American Opportunities fund have reversed out of defensive names into more economically sensitive sectors, following the string of positive economic data that has emerged from the US in recent months.
Fund managers are snapping up cheap portfolio insurance ahead of an expected market pull-back, after the VIX index hit pre-recession lows in March.
Paul Read, fund manager at Invesco Perpetual, has urged investors keen to buy into financials to focus on the debt offered by banks and their peers, rather than snap up shares in the companies.