fixed income

Kevin Corrigan, head of fundamental fixed income at Lombard Odier Investment Managers, explains how conventional market cap indices often leave bond investors exposed to the countries and companies that are borrowing the most.

M&G fixed income manager Mike Riddell is to leave the firm he joined in 2003 in order to pursue another opportunity.

Giles Parkinson, analyst on Artemis' £977m Artemis Strategic Assets fund, is to leave the group after resigning his position.

Hermes has appointed Patrick Marshall as head of private debt and CLOs, as it looks to develop its offering in the area.

Invesco Perpetual has hired a dealer and two analysts to work alongside heads of fixed interest Paul Causer and Paul Read.

Fixed income funds saw their first net outflows since January 2014 last month, according to the Investment Association's (IA) latest figures.

AXA Investment Managers has hired two senior members to its EMD team as its head of emerging markets fixed income Damien Buchet departs.

Aberdeen Asset Management has set aside $500m in credit lines to fund potential redemptions from their funds if the bond market sell-off escalates.

Investors pulled an estimated £1.5bn from Richard Woolnough's M&G Optimal Income fund in April and May as bond market volatility brought a sudden end to the portfolio's rapid AUM growth.

Three former Brewin Dolphin directors have joined forces to launch their own investment management firm, Brighton Capital Management.