Kames Capital

Stephen Snowden has upped risk on the Kames Investment Grade Bond fund by "aggressively" increasing exposure to banks and topping up high yield on the view the bottom of the market has already been reached.

Kames Capital has poached three property multi-managers from ING Real Estate Investment Management.

Investors have come under increased pressure to inflation-proof their portfolios as a fresh spike in CPI and RPI raised doubts levels will drop back to the Bank of England's 2% target in 2012.

Bond fund manager has made a number of changes since returning to Kames.

Three absolute return funds were among a raft of launches seen last week despite the IMA reporting the highest outflows on record from the sector in August.

In December 2009, an economic paper called Growth in a Time of Debt was published by Reinhart & Rogoff.