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M&G Recovery is the only active UK equity fund to outperform the FTSE 100 every year since 2001.
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The US find a short-term fix to its debt issues but the removal of its AAA rating is inevitable.
M&G is proposing to merge Alex Odd’s £208m M&G Income Fund into his £521m M&G Dividend Fund.
M&G has hired Julian Hince from iShares to a newly-created role.
A poll of IFAs has revealed that less than a third are planning to outsource investment decisions.
M&G Investments and RBS Global Banking & Markets have become associate members of AIFA.
