lets get physical
It has been a tough day for those employed by Credit Suisse, who may wish to keep their heads down following the companys £6m FSA fine over failures in its selling of some structured products.
Fixed Income
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credit suisse fined for SCARP failings
The FSA has fined Credit Suisse £5.95m for failings related to sales of structured capital at risk products (SCARPs) in the UK.
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high yield bond funds post record inflows
High yield bond funds saw their biggest weekly inflow on record last week as investor confidence received a boost and risk was put back on the table.
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russell brings manager to london
Two fixed income managers at Russell Investments are swapping locations between Seattle and London to take on new responsibilities.
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update blackrock launches its first absolute return bond fund
BlackRock has launched its first absolute return fixed income proposition that will be run by Ian Winship.
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high yield bonds oversold
The high yield bond sell off has gone too far given the strong balance sheets of most corporates, according to Simon Gibson director of Atkinson Bolton.
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bonds the best bet under qe2
A second round of quantitative easing would be supportive of bond yields in the short term and defensive equities in the longer term.
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bond managers reduce cash in view of attractive valuations
Many fixed income managers are treating wider spreads as a buying opportunity and have cautiously rejected fears of a double-dip recession.
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AXA IM expands high yield bond fund offering
AXA IM aims to tempt investors concerned with interest rate rises with a short duration bond fund.
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JPM launches European inflation-linked bond fund
JP Morgan enters the European debt space to offer investors a hedge to inflation liabilities.
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Skandia reports slide in cash fund sales
Sales of cash and money market funds have halved over the past 12 months, according to Skandia.
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European investors show strong aversion to equities
Lipper FMI’s European fund flow stats show investors moving to fixed income and money market funds.
