Fixed Income

Corporate bonds offer better value than government bonds as normal conditions return to the corporate debt market and spreads fall further, Jewson Associates has asserted.

Henderson Global Investors is bringing to market its Absolute Return Fixed Income OEIC, the latest launch in its multi-strategy fixed income proposition.

Market developments have presented opportunities in fixed income investing, particularly bank bonds, according to Invesco Perpetual's Paul Causer.

Barings Asset Management has appointed Harjeet Heer as head of its Global Aggregate business in its fixed income and currency team.

Franklin Templeton Investments has been given FSA approval to launch two new fixed income funds.

Jupiter's Ariel Bezalel has set up the group's new Strategic Bond fund with a heavy weighting towards financials, which he sees as a defensive play ahead of a possible recession.

Brown Shipley plans to substantially grow the size of its Solus Sterling Bond fund, backed by manager Kevin Doran's conviction that the fallout from the credit crisis has uncovered tremendous opportunities for fixed interest investment.

Credit Suisse is to close its poor performing Target Return Bond fund, which is run by its fixed income team, headed by Dilip Rasgotra.

INVESTORS who are being advised to switch out of insurance bonds following the Budget tax changes could be worse off, once they take tax and charges into account, according to Anthony Coyte, head of Investment Steering Group at AWD Chase de Vere.

JUPITER is looking to roll out a strategic bond fund to be managed by Ariel Bezalel.