Allocations shifting away from fixed income, says Mariner

Out-of-step central banks could give market pause for thought

Pension funds need to build portfolios on firmer credit profit potential

As the US and UK economies begin to lead the world out of a recessionary period, the likelihood of rate differences between the major central banks will create differences in performance in various fixed income markets that have been linked in the past.

The US Federal Reserve and the Bank of England have become even more data-dependent than markets are used to understanding and responding to, and this, together with a decoupling of central bank rate movements, is likely to create a different env

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