fixed interest

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

Henderson Global Investors has made a trio of acquisitions in Australia which will add £5.7bn to its assets under management across fixed income, equities and commodities.

Henderson's John Pattullo believes that more countries will cut their base rate of interest below zero as currency wars intensify.

Legg Mason Income Optimiser

Twentyfour Asset Management has hired Pierre Beniguel as a new portfolio manager for its credit team.

City Financial is to merge its £31m OPM Fixed Interest fund - run by Tony Yousefian - into the City Financial Diversified Fixed Interest fund as it moves to streamline its fund range.

Katharine Dryer has joined Jupiter as product specialist for its fixed interest and multi-asset team.

Investment Quorum's investment committee is looking to deploy cash piles into the markets on its model portfolios as it urges clients to "be brave" and embrace opportunities found in market volatility.

Greece is only being kept in the euro to enable banks in northern Europe to retrieve money they have in the stricken nation, said Old Mutual's Christine Johnson.

Anthony Nutt and John Hamilton are to step down as co-managers of the £250m Jupiter Distribution fund after a decade of service as the group promotes two rising stars.