Investors have taken £2.7bn of their money out of M&G's flagship Optimal Income fund in three months after weaker performance due to manager Richard Woolnough's cautious stance.
One of Europe's largest bond funds shrank from £23.8bn in March to £20.9bn at the end of June, according to figures from Morningstar, the FT reports. In fund ranks 61st out of 79 in its sector over...
Caring for children and elderly relatives
Similar to June 2007
Square Mile’s series of informal interviews
Fine reduced to £60,000
Two roles created