Fixed income experts share views on recent market moves at Investment Week's Strategic Bond Focus.
After a year of stellar returns from Japan, investors are concerned the Japanese equity funds that beat competitors in 2013 will not be able to deliver again this year.
Legg Mason's Income Optimiser fund ended last year with the lowest duration since its inception in December 2011, in an effort to mitigate the risk of further rises in government bond yields.
Top-performing Japanese equity manager Hideo Shiozumi has said investors should not expect another runaway 12 months for the country's stock markets until 2016.
Legg Mason Capital Management's Sam Peters has said US financials are the cheapest cyclical stocks in the US market and will climb sharply if interest rates increase this year.
Legg Mason's chief executive Bill Miller is setting up a mutual fund under his own name, to be run together with his son as assistant fund manager.
Octopus Investments' multi-manager team reveals the overlooked funds to watch in 2014.
Legg Mason Global Asset Management has launched a global macro bond fund through its fixed income subsidiary Western Asset.