Kames Capital is launching a diversified income fund for Vincent McEntegart, a portfolio manager on its multi-asset team.
Fixed income managers are cutting back on duration after the risk-off environment seen at the start of 2014 pushed up government bond prices once again.
Corporate bond managers have begun to shy away from participating in deals dominated by some of their larger peers as market liquidity continues to contract.
A new wave of outperformance for high yield debt plus a return to financing strategies seen pre-crisis have begun to alarm bond fund managers.
Carolyn Bell has joined Kames Capital's international equities team as the group bolsters its US equity capabilities.
Martin Davis, newly appointed chief executive of Kames Capital, has identified multi-asset as one of the key areas of focus for product development in the coming year.