News

Kames Capital's Stephen Snowden has urged investors not to ditch corporate bonds over fears they will be harmed by inflationary pressures brought about by global central banks printing money.

UCIS provider Connaught Asset Management is to reimburse investors in its Income Series 2 this week.

Joe Faraday and Tom Record have stepped down from their roles as co-managers on two Baillie Gifford Asian funds.

Tom Dobell, manager of the £7.7bn M&G Recovery fund, expects an uptick in M&A activity to rejuvenate performance in 2013 after a "tough" three years for the fund.

Former Treasury minister Paul Myners has joined the board of the Ecofin Water & Power Opportunities investment trust as a non-executive and independent director.

The Bank of England has held interest rates at 0.5% for the 43rd consecutive month and kept its bond purchase target at £375bn.

Standard Life has signed a five-year platform distribution deal with Royal Bank of Scotland (RBS).

Kames Capital's Euan McNeil and Stephen Snowden have identified three key catalysts that would cause the managers to move risk off in their £419m Investment Grade Bond fund before the end of the year.

Invesco Perpetual's co-head of fixed income Paul Read has told investors he would cap the £5.7bn Corporate Bond fund if large inflows combined with low liquidity in the market caused performance to suffer.

BlackRock's iShares has launched the first ETF to offer exposure to global AAA and AA rated government bond exposure.