We round-up industry reaction to the Federal Reserve's announcement it will pump a further $600bn of stimulus into the US economy.
Former Threadneedle managers Peter Allwright and Stuart Frost have taken over management of the RWC Cautious Absolute Rate and Currency fund.
Standard Life Investments is planning to launch a fixed income version of its popular Global Absolute Return Strategies (GARS) fund.
Brevan Howard's Philippe Lespinard is joining Schroders in the newly created role of fixed income chief investment officer.
Invesco Perpetual's Paul Read and Paul Causer have cut almost 30 holdings from their £129m City Merchants High Yield trust as the managers look to reduce risk in the portfolio.
BlueBay chief executive Hugh Willis and CIO Mark Poole will each receive £81.9m for their 8.5% stakes in the company, which is set to be acquired by RBC.
Ian Winship has joined BlackRock as a senior portfolio manager on its sterling fundamental fixed income team.