IMA

Average stock-holding time periods have shrunk to months rather than years as continued uncertainty has led to managers aggressively turning over portfolios.

M&G's £233.3m High Interest fund has powered ahead of Money Market sector peers over the past year after retaining exposure to floating rate notes hit hard during the financial crisis.

RADAR ALERT

FUND MANAGER FOCUS

Fidelity manager highlights high-yield corporate debt as area of value in market

Baptism of fire sees UBS Global Allocation manager Andreas Koester deliver top-quartile returns through sharp market correction

OMAM Global Strategic Bond manager mixes consistency with questions, using flexibility in a diversified portfolio to outperform his peers

Managing other people's money is all about trust.

A total of 91 offshore funds have been added across 17 sectors of the Investment Management Association's classification system.

Japanese funds dominated returns during the first quarter of the year as the region's equity market begins to bounce back from a disappointing 2009.