M&G's fixed income manager Richard Woolnough received a hefty pay package in 2014, larger than that of parent company Prudential's CEO Tidjane Thiam, according to reports.
The Wealth Management Association (WMA) is calling for an overhaul of the retail bond market in order to make it more accessible to wealth managers and their clients.
UK economic growth in the fourth quarter of last year was stronger than previously thought, according to the latest estimate from the Office for National Statistics (ONS).
Vanguard Asset Management is to expand its range of passive products for the retirement market after the introduction of pension freedoms detailed in this year's Budget.
Aberdeen Asset Management is set to buy the remaining stake in its joint venture with SVG Capital, Aberdeen SVG Private Equity.
Ted Hood, chief executive of ETF provider Source, has left the firm six year after launching the business.
BlackRock's head of UK small- and mid-cap equities Ralph Cox has resigned after over 15 years at the firm.
The M&G Episode Income fund has seen a substantial shift in asset allocation over the past 12 months, boosting returns to drive it up the sector rankings.
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