The latest news in investment offerings, financial products and other services relevant to wealth advisors and their clients.

Vanguard
US investment manager Vanguard, which oversees $13.3 trillion in assets globally, has launched the Vanguard Global Short Term Core Bond Fund. The fund, which is the latest in the expansion of Vanguard’s active fixed income offering, follows the launch of the Vanguard Global Core Bond Fund and Vanguard Global Strategic Bond Fund in 2025. Together, the funds provide core exposures to complement Vanguard’s long-standing active fixed income funds, the Vanguard Global Credit Bond Fund and the Vanguard Emerging Markets Bond Fund.

The Vanguard Global Short-Term Core Bond Fund, which is domiciled in Ireland, will be co-managed by Ales Koutny, head of international rates, and Sarang Kulkarni, lead portfolio manager for Vanguard’s global credit and pan-European corporate strategies.

The fund offers investors access to a globally-diversified mix of investment grade, government, corporate and emerging market short-term debt, and structured short-term fixed income securities. The fund aims to provide balance and diversification, while reducing interest rate risk through its focus on short-term duration, the firm said in a statement.

“Investors don’t want surprises from their fixed income funds. If you keep duration short, you tend to get fewer surprises. This is a fund built to do what you’d expect from Vanguard; provide high-quality, diversified exposure, managed sensibly at a low cost,” Koutny said.

Guinness Global Investors
Guinness Global Investors has launched the Guinness Global Dynamic Bond Fund. The launch makes a significant addition to the firm’s capabilities after portfolio manager Craig Veysey joined in March 2026 to manage its global fixed income offering.

The Guinness Global Dynamic Bond Fund invests globally across government bonds, investment-grade credit and selective high-yield bonds, the firm said in a statement. A benchmark-unconstrained, actively managed approach allows Veysey to identify and allocate to the most attractive global bond opportunities as growth, inflation, and policy conditions evolve. The strategy aims to deliver attractive long-term total returns through three complementary drivers: resilient income, value-driven credit selection, and a dynamic macro overlay to potentially enhance returns and manage downside risks. The Ireland-domiciled fund is currently for sale in Ireland and the UK. It is not available for sale in Germany at launch, the firm said.

“Global bond markets have undergone an historic repricing, but the opportunity is not evenly distributed. Interest rates, government bond yields and credit spreads are responding differently to inflation volatility, energy sensitivity and fiscal uncertainty,” Veysey said. “The Guinness Global Dynamic Bond Fund has been designed to identify undervalued bond investments with clear catalysts, actively manage duration, credit and currency risk through the cycle, and compound attractive income over the long term."

“The Guinness Global Dynamic Bond Fund complements our existing equity income portfolios and provides additional diversification to our range,” Edward Guinness, CEO of Guinness Global Investors, added.

Fidelity International
Fidelity International, a Bermuda-headquartered global asset manager and retirement savings business, has secured a £40 million ($54 million) mandate from the London Borough of Bromley Pension Fund to seed the launch of its London Bond Strategy.

The launch comes as policymakers are encouraging pension schemes to play a greater role in supporting UK economic growth and as Local Government Pension Schemes (LGPS) seek opportunities to invest closer to the communities they serve. Fidelity's London Bond Strategy provides a liquid, investment-grade credit solution that enables London borough pension funds to invest in organisations that contribute to London's economy while maintaining a disciplined approach to risk and return objectives, the firm said in a statement.

At least 80 per cent of the portfolio will be invested in investment-grade issuers that play a vital role in London's economy and infrastructure, creating a diversified credit portfolio. The investment universe includes two categories of issuers: Core London Assets, organisations that support London's essential physical and social infrastructure, and London Economic Anchors, major employers and businesses that make a significant contribution to the capital's economic activity.

The strategy is managed by Ian Fishwick, alongside co-portfolio managers Kris Atkinson and Shamil Gohil, within Fidelity International's sterling credit platform. It draws on the expertise of Fidelity's global fixed income team, which manages around $100 billion across investment-grade credit, high yield, sovereign debt, emerging market debt and multi-sector fixed income strategies.

"Local Government Pension Schemes are increasingly looking for investment solutions that deliver attractive risk-adjusted returns while investing in the communities they serve,” Tom Jeffery, head of EMEA Institutional, Fidelity International, said. “The London Bond Strategy has been designed to meet that demand through a diversified investment-grade credit portfolio focused on organisations that support London's economy.”