A surprise uptick in inflation was foremost in readers' minds this week, while reporting season brought with it news both good and bad for asset managers and leading UK corporates.
Headline inflation may have been falling for most of 2012 but a rise from 2.2% in September to 2.7% in October caught the eye on Tuesday - and the Bank of England added to concerns with a gloomy Inflation Report the day after. Readers also took note of the news WAY Group is poised to buy IFDS' £3.7bn ACD book, as well as Q3 results at Prudential that revealed record inflows at M&G. Inflows rose 329% year-on-year, though the group said its decision to stem the amount of money coming into its fixed income range had started to weigh on retail flows. Changes at Fidelity and Ashcourt Ro...
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