credit

ING Investment Management International (ING IM) has launched a new credit portfolio, the ING (L) Renta Fund First Class Yield Opportunities fund.

Chinese stocks sank deeper into bear market territory on Tuesday as fears over a credit crunch in China escalated.

Scottish Widows Investment Partnership's Daniel McKernan is to join Standard Life Investments as head of sterling investment grade credit.

MY FIVE KEY BOND TRADES

Insight Investment has launched the Insight Buy and Maintain Bond fund for Adam Mossakowski, aiming to provide diversified exposure to global corporate bonds.

Bill Gross, manager of the world's largest bond fund, has compared the US economy to a supernova on the path to extinction as it has become too reliant on credit and real growth is being eroded.

EUROPE

Liontrust's chief executive John Ions said he hired Thames River's former credit head - just 18 months after selling Liontrust's existing credit arm - for its global specialism.

Thames River's Michael Mabbutt is set to join Liontrust to run a newly created Global Strategic Bond fund.

Ignis's Chris Bowie has said his newly launched Absolute Return Credit fund is positioned to cope with illiquid corporate bond markets and the potential for a price correction.