The future direction of bond yields is less important to the fixed income story than many suspect, PIMCO's Mike Amey has suggested.
Regina Borromeo has more than doubled exposure to mortgage-backed securities in the Legg Mason Income Optimiser fund since the start of the year as a play on the housing recovery in Europe.
Credit risk seems to have taken a back seat recently, with even Lufthansa's junk-rated bond being massively oversubscribed. Using a metric like the Moody's Analytics expected default frequency measure could help passive allocators manage credit risk,...
How big a risk to bond market liquidity is Bill Gross' shock exit?
The recent sell-off in high yield means opportunities in the 'rising stars', housing, and building materials sectors, explains PIMCO's deputy CIO Mark Kiesel.
'Investors should expect nothing from bonds’
First State has expanded its range of fixed income products with the launch of a global interest rates and currency fund.
Fidelity Worldwide Investment has overhauled the remit of Peter Khan and Ian Spreadbury's Global High Yield fund in order to diversify away from the US and increase exposure to emerging markets.
The upcoming Scottish referendum may be providing an unexpected boost to the index-linked gilt market as a lack of supply and investor caution fuel a strong rally in the space.
Emerging market debt has been one of the more lively sectors over the past year, with a sharp sell-off in 2013, but are there any opportunities for managers now?