F&C Thames River bond duo Peter Geikie-Cobb and Paul Thursby have warned German bunds are ‘extraordinarily' overvalued and in line for a major correction.
Old Mutual Asset Managers has poached RLAM's European star fund manager Kevin Lilley to head up the group's £71m European Equity fund.
Despite last month's significant price movements in US treasuries, yields are still below the levels seen at the end of last year.
Old Mutual Asset Manager's Stewart Cowley and Fidelity's Trevor Greetham have clashed over the success of the measures being undertaken to aid the recoveries in the UK and US.
Old Mutual Asset Managers' head of fixed income Stewart Cowley has slammed the US for failing to rein in its growing budget deficit, warning it risks ingraining inflation in the nation's psyche.
Old Mutual saw a net outflow of £2.6bn in the first quarter of the year, although assets under management edged up and Skandia saw growth in new business volumes.