Schroders is to launch a Global Macro Bond fund for Bob Jolly, a long/short fixed income vehicle targeting a yield of LIBOR plus 8%.
Fears Chinese government's stimulus plans are not enough leave managers waiting on the sidelines.
Investec Asset Management has appointed Schroders' Michael Spinks as part of an expansion of its $13bn multi-asset offering.
Schroders has widened the scope of three of its leading bond funds to allow the managers to use derivatives more widely within their portfolios.
Francis Brooke, manager of the Troy Income & Growth trust and £780m Troy Trojan Income fund, said his trust is positioning for further mergers following its takeover of two rivals.
Schroders' head of UK equities Richard Buxton has been buying Standard Chartered on its dramatic share price falls this week, ignoring the market's "frenzy of panic" over the stock.
Schroders' Virginie Maisonneuve has been focusing on the consumer sector within her global equity funds as a play on the US economic recovery.
Industry veterans Richard Buxton and Alastair Mundy, alongside rising stars including Stuart Rhodes, have been shortlisted for this year's Morningstar OBSR Honours awards.