Australia

The past three years have been a tumultuous time for the financials sector, which has seen a phase of deleveraging, rights issues and balance sheet repair which continues to this day.

Barings' multi-asset team has bought £350m in Italian government bonds in the expectation European banks will use the ECB's Long Term Recovery Organisation (LTRO) to buy government debt.

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Yields on Australian bonds have hit a record low after a wave of investors sold out of German bunds and other debt and flocked to what is seen as one of the few remaining safe havens.

Fidelity manager discusses the growing risk of another UK recession, the European debt crisis, and prospects for global government bonds.

Innes McKeand has left his post as head of equities at Aegon Asset Management to move to Australia.

First State has launched an offshore Australian Growth fund focusing on large-cap companies, headed up by Naz Ressas.

Australian, Norwegian and Canadian government bonds are the new safe haven for bond investors, Ariel Bezalel, manager of Jupiter's £418m Strategic Bond fund, has said.