Fixed Income

Optimism is returning to fixed income markets, yet UK institutional investors are recalibrating their strategies amid evolving global and domestic risks, according to TwentyFour Asset Management’s Fixed Income Investor Survey 2025.

The next few days could be pivotal to any concerns around the independence of the US Federal Reserve (Fed).

The $5.2tr asset-backed finance (ABF) market represents a growing opportunity to gain exposure to high quality loan pools and the returns they can generate.

On Thursday, markets received preliminary Purchasing Managers’ Index (PMI) figures for August. As a reminder, PMIs are timely indicators of trends in manufacturing and services, with a number above 50 signalling an expansion and below 50 a contraction.

Restricted Tier 1 (RT1) investors have been woken from an otherwise sleepy summer after Allianz Group, one of the largest insurers and asset managers globally, brought a $1.25bn deal to the market on Tuesday.

A French CMBS transaction named River Green – a deal we exited a few years ago at a price in the mid-90s as part of a broader review of our CMBS exposure – has come under renewed scrutiny after a new valuation triggered expectations of principal losses on what were originally AAA rated bonds. Here’s how we got here.

The UK Office for National Statistics (ONS) issued their monthly summary of the UK government’s income and expenses as well as the impact these have on the budget deficit and fiscal debt levels.

We are excited to announce Vontobel Fund - TwentyFour Sustainable Short Term Bond Income (SSTBI) has been shortlisted for the ‘Best Sustainable Bond Fund’ category at Investment week’s 2025 Sustainable Investment Awards.

The Trump administration’s immigration policy leaves the US labour market at a pivotal juncture.

With the summer holiday season fast approaching, now feels like a good moment to pause and take stock of developments in the European ABS market year-to-date.

TwentyFour Asset Management’s Gordon Shannon reflects on a volatile but resilient second quarter of 2025 for the Investment Grade team, shaped by shifting tariff policies and evolving central bank actions.

In his latest update, TwentyFour Asset Management’s George Curtis looks back at a volatile yet resilient Q2 2025 for the Multi-sector bond team.