Funds & Fund Managers
M&G’s Woolnough: don’t worry about bond liquidity
Richard Woolnough, manager of the giant M&G Optimal Income fund, has dismissed fears about declining liquidity in fixed income markets.
£570m bond fund hard closes over liquidity fears
The CG Real Return fund, which has £573 million of assets under management, will hard close next week.
ECB cuts rates again in bid to lift fragile eurozone
The European Central Bank has cut interest rates for the second time in three months in a bid to boost the eurozone's fragile economic recovery.
Santander hires Schroders bond manager
Divya Manek, formerly a bond manager at Schroders, has joined Santander Asset Management.
Threadneedle launches global corporate bond fund for A-rated Ross
The low yield environment has encouraged Threadneedle to launch the fund for Alasdair Ross.
Henderson hires duo for US fixed income team
The asset manager is building out its Philadelphia-based team with a double hire.
Don't hold out for ECB-led QE next week
Strategic bond manager Luke Hickmore expects a downside surprise from next week's central bank meeting.
Ex-BoE adviser warns of massive CoCo pop
Peter Hahn, former senior adviser to the Bank of England, has argued that bond managers piling into contingent convertible (CoCo) bonds will not be protected by focusing on higher quality issuers.
Invesco Perpetual launch Global Distribution fund for Causer & Read
The firm's co-fixed income heads Paul Causer and Paul Read will be supported by global equity manager Nick Mustoe as they look to replicate the success of their UK fund on a global stage.