fixed income

Jon Mawby from ECM Asset Management has joined GLG to run its £166m Global Corporate Bond and £189m Global Strategic Bond funds.

Alliance Trust Investments (ATI) has unveiled the launch of an absolute return bond fund, aiming to deliver an annualised 6% total return over rolling three year periods.

EUROPE

China should attack the Japanese bond markets and cause a full-scale funding crisis, unless the latter nation reverses a decision to nationalise the Senkaku/Diaoyu islands, a senior advisor to the Chinese government said.

In the latest Big Debate, our panelists from Legg Mason Global Asset Management, S&P Capital IQ and TwentyFour Asset Management discussed Fixed Income.

Scottish Widows Investment Partnership has hired BlackRock's Calum Smith to the newly-created role of head of global aggregate in its fixed income team.

Schroders is to launch a Global Macro Bond fund for Bob Jolly, a long/short fixed income vehicle targeting a yield of LIBOR plus 8%.

Scottish Widows Investment Partnership has hired Alan Bridges as a replacement for Graeme Troy, to head up the UK rates team.

Legal & General Investments (LGI) is set to launch an index fund linked to the highest quality issues in the sterling corporate bond market at the end of the month.

Legg Mason's fixed income specialist subsidiary Western Asset Management has boosted its Asian fixed income team with four hires.