M&G has appointed James Tomlins as co-manager of its £1.3bn High Yield Corporate Bond fund with immediate effect.
As 2013 draws to a close, we look back over the major news stories in an eventful year.
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.