Fund managers take advantage of volatility in bond market

The volatility of the bond market in recent weeks has created trading opportunities, fund managers agree. However, April La Russe, director of UK and international government bonds at F&C, says: "Globally the background for government bonds is not that upbeat in that the interest rates of most of the major economies, excluding the US, are going up. It will be hard for the bond markets to get really excited until interest rates start to come down." As a result, LaRusse's team has focused on shorter, more tactical trades. He says: "We have put on investments which have been both long and sh...