M&G

GOSLING'S GROUSE

BP has become the victim of a "shakedown" by US regulators and media as it attempts to resolve claims arising from the 2010 Gulf of Mexico oil spill, according to M&G's Tom Dobell.

GOSLING'S GROUSE

M&G has lost its number one spot at the top of the widely followed Pridham report, after sales at rivals BlackRock and Standard Life surpassed the Prudential-owned asset manager.

ON BONDS

M&G saw funds under management hit a new record in Q1 as strong sales in Europe offset outflows from the UK market after moves to slow flows into its leading bond fund range.

Darwin Investment Managers has launched a model portfolio service comprising three funds managed by multi-asset veteran David Jane.

FIVE CHALLENGES CARNEY FACES

A number of global emerging market fund managers have been cutting exposure to the defensive consumer staples sector, as fund buyers warn their positioning has damaged performance.

Kira Nickerson discovers that some fund managers are beginning to re-examine this previously unpopular asset class.