Fixed Income

Where did the smart money go in September?

Fund managers are urging caution following a dramatic week for investors, saying the traditional strategy of buying on market falls may no longer make sense.

Former Legal & General (L&G) head of high alpha fixed income Dickie Hodges is to join Nomura Asset Management as he returns to the industry.

Bill Gross has said that having too many decision makers can cause problems in the world of fund management, following his sudden departure from PIMCO.

Insurer Prudential has launched an onshore bond available through the True Potential platform.

Liontrust's assets under management are to climb above £4bn imminently after the group won a £320m UK equity income mandate.

Sector report: The challenges ahead for strategic bond managers

The PIMCO Total Return bond fund shed a net $23.5bn in September, latest figures show, as outflows accelerated following Bill Gross' departure.

The current 55% tax duty payable when pension funds are passed on after death is set to be axed under this government, George Osborne has announced.

Famed fixed income investor Bill Gross is leaving PIMCO, the company he co-founded, to join global investment house Janus Capital Group.