M&G

Leading strategic bond fund managers have cut their aggressive shorts on US treasuries, on the expectation the Federal Reserve may postpone plans to scale down QE if growth and inflation continue to undershoot.

M&G Investments' Alex Odd (pictured) has left the firm, handing his underperforming £1.4bn M&G Dividend fund to Phil Cliff amid a re-shuffle of the group's equity desk.

M&G Investments' top performing bond fund manager Richard Woolnough has argued the global economy is in a much healthier place than GDP figures suggest.

Mike Riddell, bond fund manager at M&G, has warned if emerging market debt outflows continue at their current pace or worsen, the effect on the asset class is likely to be "cataclysmic".

M&G's Tiltman is backing "the Carnaby street of tomorrow" in her REIT securities fund in a bid to tap the emerging consumer.

Brazil's elimination of foreign investment taxes has met with a mixed reaction as emerging market nations seek to restore their attractiveness to investors.

Emerging market debt managers have been taking underweight positions in local currency bonds as they expect the dollar to strengthen once the Fed turns off the QE tap.

Last week Aberdeen held a little party in London to celebrate its 30th anniversary - a remarkable achievement for a company which, at the turn of the century, did not look like it would last another three years, let alone 30.

M&G Investments' top performing fixed income manager Richard Woolnough has called on the Federal Reserve to end its quantitative easing programme earlier than the market expects.

The high yield market has got a little ahead of itself, leaving the outlook for the rest of the year looking less rosy, says M&G's Stefan Isaacs.