Schroders' fixed income managers have been adding to US municipal bonds across their portfolios on the view that the sector is ripe for reappraisal by investors.
Vanguard has moved to reduce prices on its emerging market and global bond trackers as price competition in the passive space heats up.
It would be an understatement to say it has been an interesting and, in many ways, frustrating recent period for bond managers.
Schroders has expanded its fixed income team with the appointment of Bogdan Popovici from US fund group Wellington Management.
Schroders is preparing to launch a global bond product for Bob Jolly, the firm's head of global macro.
The manager of the world's largest bond fund has highlighted four structural headwinds that pose a risk to growth in developed economies such as the US.
Bob Jolly (pictured), head of global macro at Schroders, reviews a year in global bond markets and asks what themes could characterise the asset class in 2013.
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.
Schroders has launched a renminbi bond fund for new recruit Rajeev De Mello, who joined from Western Asset Management last year.
Smith & Williamson is to launch a global government bond fund for manager Chris Lynas this month.