Richard Woolnough's M&G Optimal Income fund has passed the £20bn mark for the first time after a surge in inflows since the start of the year.
Credit Suisse is to pay fines of $2.6bn (£1.6bn) after pleading guilty to helping US clients evade tax.
M&G has reshuffled managers on its Global Growth and European equity portfolios in order to allow manager Greg Aldridge to focus on institutional mandates.
Where is the best value: Large, mid, or small caps?
UK election countdown: The start of a volatile year?
Shares in pharma giant AstraZeneca plunged this morning after the group rejected a fresh offer from US firm Pfizer.
AstraZeneca has rejected a new takeover bid by Pfizer, arguing it still undervalues the business.
The government may "pare back" its Help to Buy scheme if the Bank of England (BoE) believes it threatens the UK's economic recovery, Nick Clegg has said.
Indian stocks have hit a fresh all-time high, with the rupee hitting a 10-month high of its own, as early vote counts in the general election point to a resounding win for the main opposition party, Bharatiya Janata Party.