M&G

M&G's retail funds under management are up 24% year on year to £64.5bn at 30 September, driven primarily by strong inflows from European clients, with UK flows turning positive again in Q3.

ON EMS

THE BIG INTERVIEW

Peter Fitzgerald, head of multi-asset retail funds at Aviva Investors, has named five hidden gem funds that add value to his portfolios, and which cannot otherwise be easily accessed by retail investors.

M&G's Tom Dobell has warned against what he sees as the "tiresome" rise in short-term trading, suggesting investors need to move away from "grazing" and hold stocks for longer.

M&G's Graham French has told investors last year was one of the toughest periods of his career as his fund underperformed amid a torrid time for commodities.

Wealth managers have been adding floating rate funds to portfolios as they seek more flexible alternatives to short duration bond offerings.

SUPER CLEAN

THE BIG INTERVIEW

The US government shutdown combined with growing concern over the country's debt ceiling have led to renewed fears US equity markets could sell off heavily if the impasse continues.