Evidence is mounting Chinese sales of US Treasury bonds over recent months are a warning to Washington, rather than a routine portfolio shift.
Investors are selling out of high yield corporate bonds at the fastest rate in almost five years as nerves over sovereign debt creeps into other credit markets, the Financial Times reports.
Managers say low return on cash and search for yield will support fixed income market
Fixed income managers prepare for sharp increases in UK interest rates over longer term, with move towards high-yield and floating-rate instruments
Invesco Perpetual has launched a new unconstrained bond fund for highly-regarded duo Paul Causer and Paul Read, which focuses on total returns rather than an income target.
Aberdeen Asset Management reported a drop in pre-tax profits for the year to the end of September of 82% to £10.5m, down from £60.5m the previous year.
The departure of star managers Jeremy Lang and William Pattisson in April has impacted on Liontrust Asset Management's profits, which fell to just £0.5m for the six months to 30 September, down from £6.1m for same period in 2008.
Thames River Capital has raised more than $200m for its Credit Select and Global Credit funds, both launched one month ago.
Swip has hired former Old Mutual head of fixed income and global macro Andrew Tunks as its interim director of fixed income.