Aberdeen Standard unveils short duration credit fund
Aberdeen Standard Investments has launched a global short duration corporate bond fund to counter the effect of rising interest rates on fixed income portfolios.
Aberdeen Standard Investments has launched a global short duration corporate bond fund to counter the effect of rising interest rates on fixed income portfolios.
Vanguard has launched two global UCITS corporate bond funds.
Big macro calls on asset allocation could be a fool’s errand as the UK economy and markets enter a prolonged period of stability, according to Kames’ Stephen Snowden.
Rathbones has appointed Richard Briggs and Stuart Chilvers as analysts in its equity and fixed income teams, respectively.
Going short-duration, the biggest consensus trade in fixed income, is not the safest bet for bearish investors, Hermes Investment Management’s co-head of credit Fraser Lundie has warned.
Having hit a high of 9% in June, wealth managers cut their weighting in cash to 6.99% in the past three months in the Trustee MPI low-risk mandates.
Janus Henderson has re-jigged its bond team with the hire of Columbia Threadneedle’s Jim Cielinski as global head of fixed income.
Vanguard has launched a new offensive against competitors in the ongoing fund price war with the introduction of its first actively-managed bond fund in the UK.
Wealth firm Andrews Gwynne has branded demand for some bond products “mad” and a sign of how extreme markets have become.
Investors’ love affair with bond funds shows no signs of abating, with recent statistics from FundsNetwork showing the Sterling Corporate Bond sector was the most purchased peer group in July.
Sales of corporate bond funds surpassed those of global equity funds to be the best selling sector in July, while investors also sought solace in the mixed asset sectors, according to FundsNetwork.
An impasse over raising the debt ceiling could see the US hit the financial buffers in early October failing to meet around 23% of its short term obligations, an analysis by Washington think tank the Bipartisan Policy Centre has said.