M&G's bond vigilante Matthew Russell explains why inflation expectations should not influence the increasingly hawkish MPC on rate rises.

ODDS SHORTEN ON MARCH RATE HIKE

Guy de Blonay has turned over 20% of the £900m Jupiter Financial Opportunities fund, selling out of major Chinese banks and buying into US financials.

Gartmore's annual results, released today, show £7.2bn of assets left the firm in 2010, compared to a net inflow of £300m in 2009.

Threadneedle's co-head of UK equities Simon Brazier has been buying into "unloved" UK domestic stocks in the view valuations are attractive compared to those with coveted emerging market exposure.

Sanford DeLand Asset Management is preparing to launch a UK-focused fund based on the principles of veteran investor Warren Buffett.

The former head of multi-manager at F&C, Dean Cheeseman, has joined Mercer as an equity portfolio manager within its investment management business.

Ignis is planning to launch a strategic bond fund for head of credit portfolio management Chris Bowie.

MARKETS WILL PUSH RATES UP

Hedge fund guru George Soros has bought a 3.5% stake in boutique MAM Funds through his company Quantum Partners.