The Investment Management Association has moved 25 funds into the newly launched Global Emerging Markets Bond sector, which went live on 31 December.
M&G has appointed James Tomlins as co-manager of its £1.3bn High Yield Corporate Bond fund with immediate effect.
Psigma Investment Management has teamed up with City Financial to launch a European high yield fund for its head of credit John Sullivan.
The Investment Management Association (IMA) has warned funds in the £ Corporate Bond sector over excessive exposure to cash and non-core securities, Investment Week understands.
HSBC Global Asset Management has launched the GIF Global Short Duration High Yield Bond fund for recent hire Mary Bowers.
HSBC Global Asset Management has appointed high yield specialist Mary Bowers to its global fixed income team.