Record year for MandG
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.
Prudential
-
-
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.
-
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%.
-
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.
-
Investors looking to multi-asset not single asset funds
Prudential research shows a marked preference for multi-asset above single asset funds.