bonds

Iveagh, the Guinness family office and private investment house, is to move its Iveagh Wealth fund to daily dealing with effect from 1 August 2009.

Pacific Investment Management Company (Pimco) has filed with the Securities and Exchange Commission to launch five active fixed income ETFs - three short duration and two tax exempt - as well as two ETFs that track treasury indices.

M&G's Richard Woolnough has reduced his exposure to interest rate risk in his Optimal Income fund on the back of concerns about a possible excess in supply of government bonds.

Canada Life International (CLI) has added the Julius Baer Physical Gold fund to its single and regular premium investment bonds.

There is still a need for a greater understanding of the bond market amongst experienced advisers as well as newcomers to the industry, according to M&G managing director, global sales Jonathan Willcocks.

New offshore bond sales have plunged 42.6% year on year, but have suffered less than the onshore bond market.

New offshore bond sales have plunged 42.6% year on year, but have suffered less than the onshore bond market.

JP Morgan is launching five bond vehicles for its fixed income team which it recruited from Schroders last year.

Merchant Investors has linked up with investment manager Whitechurch Securities to give IFAs access to portfolio management services.

Henderson Global Investors is shutting its offshore property and pan-European bond fund because of falling assets under management and a failure to hit performance targets.