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.
Advisers are starting to return to the UK commercial property market for the first time in two years as they believe the sector is bottoming out and they want to take advantage of the high yields on offer.