M&G becomes more competitive on fixed income with sweeping fee cuts
‘The bond funds are very good, but they were just expensive’
M&G
-
-
Claudia Calich: Joe Biden win is not a game changer for emerging markets
Lack of ‘blue wave’ should put less pressure on the US Treasury curve, leaving high-yielding assets attractive
-
M&G promotes junior manager to replace Claudia Calich on £2.5bn worth of global bond funds
Eva Sun-Wai has been a junior manager in the fixed income team since 2019
-
M&G promotes Alex Matcham to head of UK wholesale
Follows departures of Andrew Watson in 2019 and Neil Brown in September
-
M&G creates £28bn wealth management arm
Launch comes off the back of its acquisition of Ascentric
-
M&G Recovery fund manager Tom Dobell to exit
Veteran investor had suffered poor performance with out-of-favour approach
-
M&G profits halve after investors yank ‘concerning’ £7.7bn from retail funds amid Covid crisis
Net outflows hit over double the £3.8bn pulled in H1 2019
-
Ascentric deal set to help M&G play catch up in the advised space
Royal London parts with wrap advised platform with £14bn in AUA
-
M&G credit manager exits 18 months after trust launch
Jeremy Richards set to leave fund house after 37 years
-
M&G stock keeps tumbling as Richard Woolnough strategy sheds £5bn
HL maintains high allocation to M&G Optimal Income despite booting it from Wealth 50
-
M&G launches redundancy scheme to cut staff costs by 10%
Group AUM jumps to £352bn despite ‘challenging’ environment for retail business
-
DFM property allocations run from underweight to highest ever levels
BMO Gam pricing switch could signal change in sentiment after M&G Property Portfolio suspension