M&G

WOOLNOUGH

Fund managers including Richard Pease, Harry Nimmo, Richard Buxton and rising star Philip Rodrigs were awarded the top Honours at the fifth Morningstar OBSR Awards last night.

The popularity of M&G's fixed income offerings has seen it continue to dominate UK fund sales rankings in the second quarter of 2012, according to Fundscape's latest Pridham Report.

M&G reported a 53% rise in net investment flows in the first half of the year, with retail investors driving the £4.3bn of flows.

Industry veterans Richard Buxton and Alastair Mundy, alongside rising stars including Stuart Rhodes, have been shortlisted for this year's Morningstar OBSR Honours awards.

GOSLING'S GROUSE

Fidelity's Ian Spreadbury has revealed how he would cope with a sudden round of redemptions if demand for corporate bond funds reverses.

WEALTH MANAGERS

M&G's Michael Riddell has put 10% of his International Sovereign Bond fund portfolio in Italian government bonds in anticipation of a fresh liquidity injection from the European Central Bank.

M&G is to explore ways to slow inflows into Richard Woolnough's £6.3bn Corporate Bond and £5bn Strategic Corporate Bond funds.