Fixed income managers have expressed concerns over a new initiative to boost shrinking liquidity in bond markets, fearing the inclusion of 15 banks will cause price swings in the market.
Kames Capital has strengthened its property team with the appointment of Jim Hartley as senior asset manager.
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Fixed income managers have been forced to adopt protective measures in response to the huge spike in volatility seen in bond markets in recent weeks.
Kames Capital's Phil Milburn has put over 10% of his Strategic Bond fund in high yield index protection, in the belief investors are too complacent about the risk of Greece leaving the eurozone.
Waverton Investment Management has appointed former Kames Capital head Andrew Fleming as its new chief executive, following the departure of Hugh Grootenhuis.
Kames Capital has launched two new absolute return bond funds to provide investors with more options as its flagship fund nears capacity.
Hargreaves Lansdown entered the top five groups by net retail sales in the first quarter following a spate of multi-manager launches, according to the latest Pridham report.
A sharp rise in the value of subordinated bank debt means the likes of contingent convertible securities (CoCos) face a sharp mean reversion in future, according to Kames Capital's Iain Buckle.