M&G

Fund managers give their views on the key issues impacting global asset classes and outline how they are positioning portfolios.

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 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.

M&G has reported a fifth consecutive year of record profits despite net outflows for its UK business increasing to £1.7bn in 2014.

The European Central Bank may be forced to buy investment grade corporate debt in an expansion of its QE programme, according to M&G fixed income manager Richard Woolnough.

M&G Investments is set to close its Global Real Estate Securities fund after the departure of manager Gillian Tiltman prompted outflows from the strategy.

German five-year government debt sold at a negative yield for the first time in history on Wednesday as borrowing costs and inflation in the eurozone continue to fall.

Tilney Bestinvest has named nine funds that have consistently earned its top fund rating over the past five years.

M&G's head of retail fixed interest Jim Leaviss has said it may be time to invest in US inflation protection following the oil-related sell-off seen in recent months.

John Weavers is set to take over from Aled Smith as manager of the underperforming £798m M&G American fund as the group proposes converting the fund into an equity income strategy.