fixed income

Bank of England governor Mark Carney has used the annual Mansion House speech to warn that asset managers must prepare for the consequences of normalising monetary conditions.

Russell Investments has re-hired its former senior analyst, Van Luu, to head up its currency and fixed income strategy desk.

Large fixed income houses are being forced to expand the overseas investment capacity of their funds and use more derivatives in a bid to mitigate liquidity risks in the bond market.

Legal & General Investment Management(LGIM) has appointed Omar Saeed as lead manager of its flagship Dynamic Bond Trust, nine months after the departure of Richard Hodges.

AXA Investment Managers' former fixed income head Theo Zemek has taken up a new non-executive role at BlackRock.

Veteran fixed income manager Bill Gross has admitted he is frightened by the lack of liquidity in bond markets.

Schroders has hired five new members to its fixed income global multi-sector team headed by Bob Jolly.

Fixed income manager Chris Bowie believes the impact on businesses from uncertainty surrounding the EU referendum and a potential Scottish vote is being underestimated by the market.

Matterley has launched the FP Matterley Bond Opportunities fund for the recently appointed Peter Geikie-Cobb.

Wealth manager Courtiers is preparing to launch three income funds in a bid to attract pension savers.