one out one up for jp morgan am sales team
Stuart Podmore has been promoted to head of strategic partnerships at JP Morgan Asset Management.
Stuart Podmore has been promoted to head of strategic partnerships at JP Morgan Asset Management.
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As the fund group with the most net retail sales for the past 14 consecutive quarters, M&G should be lighting the way for retail investors when it comes to fee transparency. So why is it not?
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M&G has become the latest fund house to nail its RDR-friendly colours to the mast with the launch of a new retail share class with a typical AMC of 1% on an equity fund.
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Prudentials half-year results show M&G in rude health, achieving just under £5bn of inflows, but what does the future hold for a firm that leans heavily upon its fixed income success?
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Killik & Co has reaffirmed its buy note for Richard Woolnough’s M&G Strategic Corporate Bond Fund, despite supporting the firm’s decision to explore options on slowing inflows of new money into the fund.
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Unlike some other fund trends, the industrys embrace of multi-asset is more evolution than revolution but have groups done enough to convince investors to let them do the asset allocation?
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M&G is to undertake a major rebranding of its multi-asset range, realigning it for RDR and launching its new Episode Defensive Fund.
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Michelle Scrimgeour has left BlackRock after a quarter of a century to step in as group risk director for M&G Investments.
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M&G has promoted Phil Cliff to manage its £22m Pan European Dividend Fund, while Randeep Somel has been lifted up from deputy manager to co-fund manager of the Managed Growth Fund.
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M&G has ended Invescos more-than-four-year reign as the biggest manager of UK-domiciled funds, according to the latest statistics from the Investment Management Association.
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M&G’s annual results showed its profits for the full year 2011 rose by 22% while its assets under management grew by just 2%.
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Jim Leaviss praises the fact the European Central Bank is no a democratic organisation while warning this is not the only time Greece will default.
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