M&G tops both retail sales lists as investors seek out bond funds, while BlackRock's active and passive vehicles also prove popular.
Top managers spy high yield opportunities as European Central Bank's liquidity injections transform banks' refinancing operations.
Poor results from companies such as Unilever, AstraZeneca and Shell last week showed the valuation gap between defensives and cyclicals is closing in a "vicious" fashion, according to JO Hambro Capital Management's James Lowen.
Francis Brooke, manager of the £428m Troy Trojan Income fund, has initiated a position in Aberdeen Asset Management as he believes the company is transforming itself into a "cashflow machine".
Newton's Tineke Frikkee is taking a more cautious view than consensus on UK dividends in 2012, forecasting growth of around 8% for the year.
Income investors enjoyed a bumper year in 2011 as dividends from UK-listed companies hit an all-time high, surging 12.8% to £67.8bn.
City Financial's Graham Glass explains where value can be found in fixed income markets in 2012.