M&G

M&G's Richard Woolnough has said fixed income investors should overcome their fear of duration and embrace an expected uptick in 100-year bond issuance this year, but peers are sceptical about the bonds.

The UK Equity Income sector's total return outstripped other income-focused offerings in the last year, easily surpassing Asian, European and global equity market products. Does that make now a good time to switch?

FUND SELECTION

M&G's Stuart Rhodes is running a record low number of stocks in his £8.5bn Global Dividend fund, having sold many US holdings on valuation concerns, as he begins to look to new regions for yield plays.

M&G's Richard Woolnough has said the spectre of deflation emerging across Europe is a positive in the current environment, adding central banks should be comfortable with this development.

THE BIG QUESTION

SPECIAL REPORT

M&G's fixed income manager Richard Woolnough was paid £17.5m last year, according to reports, a figure more than double that of the CEO of parent company Prudential.

LEADER

M&G has reported net outflows of £700m from its UK retail business for 2013 after slowing flows into some of its most popular funds.