M&G

M&G posted a 216% rise in UK retail net inflows last year, with the £6bn net total accounting for almost a quarter of all IMA sales.

M&G posted a 216% rise in UK retail net inflows last year, with the £6bn net total accounting for almost a quarter of all IMA sales.

M&G posted net retail sales of £5.6bn for the whole of 2009, putting it way ahead of second placed Invesco Perpetual on £3.62bn, according to Lipper.

M&G posted net retail sales of £5.6bn for the whole of 2009, putting it way ahead of second placed Invesco Perpetual on £3.62bn, according to Lipper.

Jonathan Willcocks, managing director global sales at M&G and Nick Blake, head of retail sales at Vanguard Investments UK, square off.

OBSR has upgraded both the £1.2bn M&G Optimal Income and the £2.8bn Fidelity Special Situations funds to AA ratings.

LV= has repriced its Balanced Consensus fund and increased its pensions range by six.

M&G has announced today Ben Cherrington will join as partnerships development manager from 1 January 2010.

M&G's Richard Woolnough says corporate bonds remain cheap despite the recent rally, with investment grade bond spreads now at ‘typical' recession levels.

Financial advisers moved client money into multi-asset funds in July, data from Fidelity FundsNetwork shows.