Fixed Income

THE managers of Henderson's £163m Strategic and £726m Preference Bond funds have reduced the duration on the portfolios and raised exposure to LIBOR plus returns through investments in floating rate notes and secured loans ahead of further expected interest...

BLACKROCK has launched its Fixed Income Global Opportunities fund, giving retail investors access to its fixed income capabilities in global bonds.

RETAIL investors are becoming increasingly confused by the complex investment strategies in UCITS III fixed income funds, Standard & Poor's has warned.

NORWICH Union has added the Norwich European Property fund to its offshore bond range.

FRIENDS Provident is now giving investors better allocation rates across a number of its portfolios.

L&G has increased the choice of funds available to investors via its Portfolio bond after linking a range of new offerings to the product.

STERLING bond returns are average at present so investors should look abroad, says Fidelity.

CLERICAL Medical International has launched a new tax-efficient offshore investment bond aimed at IFAs who have companies with large cash reserves on their books.

CREDIT Suisse has hired Raphael Kassin, manager of the ABN AMRO Global Emerging Markets Bond fund, to lead its emerging markets fixed income capability.

LEGAL & General has launched a new unit trust that will take unconstrained strategic fixed income asset allocation positions across countries, fixed income asset classes, sectors and credit ratings.