As we enter 2014‚ spread levels across developed credit markets are tighter than they have been since the third quarter of 2007 showing the extent to which spreads have now retraced since the global financial crisis.
Schroder tackles eurozone 'sweet spot' by launching its EURO Credit Conviction Fund.
The Financial Conduct Authority is expecting a significant rise in the number of regulated firms next year as it takes over from the Office of Fair Trading as watchdog of the consumer credit market next year.
Psigma Investment Management has joined forces with City Financial to launch a European high Yield Credit Opportunities fund.
The weakest fixed income assets in 2013 have been emerging market bonds however unless they default – which we see as unlikely – we expect this asset class to pro¬vide the biggest boost to fund performance in the next few years, merely by redeeming in full just as PIIGS bonds did in 2013.
Tristan Hanson, Ashburton’s head of asset allocation, runs through his outlook for 2014, and why he’s backing equities and high yield to deliver next year.
Theo Zemek will be leaving Axa Investment Managers at the end of the year with Barclays John Porter taking the reins as global head of fixed income.
Having rallied strongly over the last four years, high yield debt is at a crossroads, writes Bryn Jones, Head of Fixed Income Research, Rathbone Unit Trust Management.
China’s debt has has alomost trebled in the past five years, to $23trn, leading to a dangerous financial burden that could bring about its very own credit crunch.
Henderson has appointed Phil Apel head of fixed income, handing the credit expert responsibility for its £18.3bn global fixed income franchise and a team of roughly 60 people based in the UK and US.
It will take roughly five years before the Co-op Bank has returned to profitability, it has emerged, even with a further £1.5bn pumped into its balance sheet and a plan to cut its branches significantly.
City Financial has appointed Phillip Lee to bolster the credit analysis function in the group's fixed income team.
