gilts

Gilt prices fell sharply yesterday as investors began to digest the Government's pre-Budget report and fears that Britain's credit rating will be downgraded intensified.

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.

The Treasury will need to pay at least £16 billion more over the next five years to convince investors to buy the £815 billion of gilts that it needs to sell to cover government borrowing requirements, The Times has learnt.

UK Gilt funds saw a huge 223% upturn in share of sales on FundsNetwork compared to September as investors flocked to safe havens.

UK fixed interest fund managers predict a recession in gilts and no more ‘fuzzy equity' issuance, according to S&P.

The IMA has made a raft of changes to its fixed income sectors following a recent review.

The UK has entered a full blown recession and IFAs should be looking at UK gilts to safeguard client assets, City Financial's Ian Williams says.

For a long time, corporate bonds have been seen as a safe-haven for investors seeking steady and relatively stable above-average returns.

A lack of communication about the funding status of defined benefit schemes could have the potential to lead to a "financial scandal".

Trustees and actuaries of pension schemes which have an investment strategy which is "too safe" could be open to claims of negligence.