A number of asset managers stand to double their market share if they are prepared to be aggressive on super clean pricing, according to research from Barclays.
M&G has handed Mike Riddell's Emerging Markets Bond fund to former Invesco Perpetual manager Claudia Calich.
Strategic bond managers are taking short-term positions in emerging market debt after the summer sell-off brought valuations back down to attractive levels.
Randeep Somel, the new manager of M&G's Global Basics, has revealed the fund is making new investments in miners again as he looks to position the portfolio for a new era.
Randeep Somel has revealed his plan to steer the M&G Global Basics fund back to the top of the performance tables, telling investors "no-one else does this kind of portfolio".
M&G's Randeep Somel is looking to steer the £4.2bn Global Basics fund into new territory when he takes over from Graham French, buying technology, pharmaceuticals, and financials in a first for the portfolio.
Veteran fund manager Graham French is to leave M&G, handing over his Global Basics fund to his co-manager. Should holders of the fund consider other options?
M&G Global Basics fund manager Graham French is to leave the group, Investment Week can reveal, as he retires from fund management after a 25-year career.
Leading bond managers including Jim Leaviss at M&G are moving away from high yield debt on concerns over rising leverage in the US and high valuations.