Managers to run global and UK mandates at boutique group Eden Financial.
M&G's Richard Woolnough will see his Corporate Bond fund swell to nearly £5bn as part of a series of mergers being carried out by the group.
Spain is facing the same danger of default as Greece, Ireland and Portugal, said M&G's Mike Riddell, following the lacklustre Spanish government bond auction yesterday.
M&G Investments has written to clients to confirm its plan to merge its £208m Income fund into Alex Odd's Dividend portfolio.
Ex-iShares and Gartmore sales director Julian Hince has joined M&G as technical development director.
M&G's top-performing fund manager Stuart Rhodes has bought into parent company Prudential as the firm raised its dividend by 20%.