From an investment point of view, emerging markets have had a fairly tough time in the past couple of years, with funds in the IMA’s Global Emerging Markets category returning on average 7% in the past year compared to 9.3% from the MSCI World Index.
M&G boasted record funds under management in 2012, although UK net sales were 30% below 2011 levels and are expected to continue to slow through 2013.
M&G Investments has promoted Matthew Cable to deputy manager of its £370m Smaller Companies Fund, led by Louise Nash.
The M&G American Fund and the M&G Global Leaders Fund have been removed from the Hargreaves Lansdowne Wealth 150 list following a period of poor performance.
M&G led the usual suspects at the top of the fund group sales rankings in 2012, though how might the table change if the equity rally lasts the whole of this year?
M&G held onto their position as top manager by gross retail sales in both Q4 and 2012 as a whole, the latest Pridham Report reveals.
M&G Investments plans to merge Mike Felton’s £549.5m M&G UK Growth and £81m M&G UK Select funds.
Investors should not allow the headlines surrounding the US fiscal cliff to overshadow positive news playing out in the country’s consumer sector and housing market, Barings Asset Management and M&G agree.
M&G witnessed a 329% jump in net inflows over the year so far as improved investor appetite led to record performance from the asset manager.
Research by S&P Capital IQ shows UK fixed income managers are diversifying their portfolios by increasing their non-sterling exposure.
Private clients need greater flexibility and the design of truly outcome-based solutions to deliver multi-decade investment needs, and they need it today not tomorrow.
M&G has launched its fifth multi-asset fund to complete its recently rebranded Episode fund range.
