pa analysis life company sales forces
Distribution post-RDR may see life companies getting back into the investment game, building up their own substantial sales forces of restricted advisers.
Prudential
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mandg profit growth far outstrips asset growth
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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Bonds account for majority of fund flows at M&G
M&Gs fixed income range was the biggest draw for investors over first half of 2011.
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Investors looking to multi-asset not single asset funds
Prudential research shows a marked preference for multi-asset above single asset funds.