fixed income

Financial Conduct Authority gives approval

Actions have consequences even if they are not always immediately obvious

What made financial headlines over the weekend?

UK recession cannot be discounted

No immediate end to uncertainty and volatility in sight

Euro also up against pound and dollar after initial drop

Reasons to watch fixed income

Allianz Global Investors' Mike Riddell shares his views

Investors want short duration

The Financial Conduct Authority (FCA) has fined Aviva Investors £17.6m for failings in how it managed conflicts of interest.