FIVE CHALLENGES CARNEY FACES
M&G has cut its position in St James's Place (SJP) after majority shareholder Lloyds sold down its own stake in the wealth manager.
As advisers digest last week's revelation that top UK fund manager Richard Buxton is to exit Schroders after more than a decade at the group, attention is now turning to where to invest next.
Prudential has reported operating profits for 2012 of £2.5bn, up 25% on the previous year.
In the latest Big Debate, the manager of one of the largest funds in the sector will discuss Global Convertibles.
UK CPI inflation remained at 2.7% in October, broadly in line with economists' expectations, as RPI inflation fell from 3.2% to 3%.
M&G reported a record level of net inflows in the third quarter of £6.4bn, bringing total inflows to £11.3bn for the first nine months of the year, a 329% rise from 2011.