securities

J.P. Morgan Asset Management (JPMAM) has launched a Global Capital Structure Opportunities fund that will invest across equities, bonds and convertible bonds.

The European Central Bank's monetary stimulus programme is likely to fail without full-blown bond purchases and could lead to a recession in the eurozone, Standard & Poor's has warned.

Nick Gartside, J.P. Morgan Asset Manegement's global fixed income CIO, explains why he expects any further sell-off in fixed income to be more muted, after the cost of shorting government debt jumped.

INVESTMENT TRUSTS

Manchester United is set to float onto the New York Stock Exchange, seeking to raise $100m in an IPO.

ASSET-BACKED SECURITIES

Spectrum's Matthew Byer says preferred securities can offer investors an attractive complement to their fixed income portfolio.