Time to dump the bond proxies
The IMF has this week trimmed its growth forecasts and warned of a “subdued” trajectory for the global economy, but that’s still unlikely to push investors back into the relative safe haven of bonds.
Fixed Income
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double digit growth multi asset morgan stanley
After a 30-year bull market in bonds, the past three months have seen the first signs of tensions related to an ultimate end to QE.
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NB unveils AR global bond fund
Neuberger Berman is aiming to achieve annual returns above 4% with Global Bond Absolute Return Fund, a new sub-fund of its Irish-domiciled Ucits umbrella.
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Pimco launches financials debt fund
Pimco has unveiled GIS Capital Securities Fund to invest across debt issued by banks, insurance companies and other specialist financials.
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calls you could be missing out on
Summer may be a traditionally quiet time in the City, but the asset allocators we have been speaking with have not been afraid to make the big moves now.
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Is traditional fixed income dead
Caution still prevails for many investors, but the traditional fixed income asset classes of sovereign and corporate debt couldn't be more out of favour.
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Neuberger Berman recruits new MD from JP Morgan AM
Neuberger Berman has boosted its fixed income capability with a senior hire from JP Morgan Asset Management.
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Banks boost bond issuance between June and July
Global bond issuance increased 24% between June and July as the total value of new issues for the month hit $220bn.
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ING launches multi-credit fund
The ING (L) Renta First Class Yield Opportunities fund is a multi-strategy credit portfolio invested in global high yield, investment grade credit as well as emerging market debt.
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Negativity on China deepens
Global fund managers may be largely positive on the state of the world economy but their sentiment towards China is worsening, according to the latest BofA Merrill Lunch Fund Manager survey.
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Global Bond sector houses mega funds
The Global Bond sector has the highest proportion of billion-plus sized funds across 30 of the main IMA sectors, according to factsheet data from FE Analytics. Almost a quarter of the sector's constituents have over £1bn in assets.
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Union Bancaire Privee target global
Union Bancaire Privee (UBP) has launched an unconstrained bond fund which aims to offer flexibility and performance in all market conditions.
