Hermes beefs up fixed income team with double hire
Hermes Investment Management has appointed Stephane Michel and Andrew Lennox in a bid to expand its now 26-strong fixed income team in London.
Fixed Income
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Challenging the naysayers on high yield ETFs
High yield ETFs have a reputation for poor tracking difference, but 7IM senior portfolio manager Peter Sleep argues there are still ways for passive investors to access the asset class.
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How nine multi-asset funds are managing duration
Fixed asset allocation in the passive Vanguard Lifestrategy range has seen duration soar above 9 years, so how are active multi-asset managers positioned as interest rates look set to rise?
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Bank of England warns bond managers on hidden risks
The Bank of England has raised a number of concerns about hidden risks in the UK fixed income markets, while underplaying the impact of quantitative easing on bond yields.
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UK investors bullish on government debt as Treasuries hit 3%
After a prolonged period of negative real yields, government bonds have failed to excite, but Q1 figures show UK fund selectors are turning bullish on developed market government debt for the first time since early 2015, just as the 10-year US treasury hits 3%.
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Bank of England stresses market making risk to bond funds
The Bank of England has raised concerns about liquidity mismatch in open-ended corporate bond funds as market makers retreat from the asset class.
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Five ways to integrate ESG into investments
The days of treating ESG and sustainability matters as “extra curricular” are numbered and will be the differentiator for investments in the future, according to Legg Mason affiliates. Click through the slides below to find out five ways to integrate ESG into investments.
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Investors exposed to soaring duration in Vanguard Lifestrategy
Vanguard’s £9.6bn Lifestrategy range is exposing investors to interest rate risk, as governments and corporates buying up cheap, long-dated debt skew duration in indices that the passives giant tracks.
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Invesco puts foot down on fee pressure
Invesco has announced it is stepping down as investment manager on the Invesco Perpetual Enhanced Income trust, in a shock move that is being put down to a clash with the board over performance fees.
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Schroders builds out fixed income team
Schroders has made two appointments to its Global Multi-Sector Fixed Income team, nabbing Alan Wilson from State Street Global Advisors and promoting Robbie Boukhoufane from its fixed income and foreign exchange (FX) trading desk.
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Jon Mawby exits Man GLG
Man GLG has placed bond manager Jon Mawby on gardening leave with co-manager Andy Li taking over responsibility for the Corporate and Strategic Bond funds.
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Venezuelan debt excluded in new JP Morgan ESG indices
Controversial Venezuelan debt has been excluded from a new JP Morgan fixed income index for emerging market issuers with strong environmental, social, and governance (ESG) practices.
