View more on these topics

OPM sees potential in Asian bonds

OPM Fund Management is exploring the theme of Asian bonds within its £41m fixedincome fund of funds.

OPM has been active in the management of its fixed-income fund and believes it is more strategic than some of its peers in the IMA sterling strategic bond sector, which do not hold US and emerging market debt.

OPM’s interest in Asian bonds is being played out through the Legg Mason Western Asset Asian opportunities fund.

The Dublin-domiciled fund is managed for Legg Mason by fixed-income specialist Western Asset Management. It invests in Asian bonds and derivatives on Asian interest rates and currencies, with holdings selec-ted following an analysis of sectors, individual issues, duration – which measures the sensitivity of the bond price to interest rate changes – and maturity.

OPM fund manager Ross Henderson says: “The Legg Mason Asian bond is interesting and long-term currency appreciation could add to the return.”


Leslie: It is too early to take a position on bank reform

Shadow Treasury financial secretary Chris Leslie has rejected calls from Labour MP Michael Meacher for the party to lead the charge on pushing for the complete separation of retail and investment banks. In its interim report, published in April, the Independent Commission on Banking proposed that retail banks be ringfenced and be made to hold […]


Santander to sell The Mortgage Alliance to LSL

LSL Property Services is set to acquire mortgage club The Mortgage Alliance from Santander, Money Marketing understands. It is understood the deal may complete this evening but it is not yet known how much LSL will pay. When announcing its annual results in March, the property group said it was “well placed to grow both […]

Aldermore launches two new buy-to-let deals

Aldermore has launched two new buy-to-let mortgages. The products include a limited edition variable deal with a rate of 4.68 per cent to 65 per cent loan-to-value or 4.98 per cent to 75 per cent LTV, with a 2.75 per cent completion fee. The other product is a fee-free five-year fixed rate remortgage at 6.28 […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm