M&G

Multi-manager funds proved popular among investors in the first quarter of 2011, with groups including Jupiter and Henderson all seeing a rise in sales thanks to their funds of funds, according to the latest Pridham report.

Former M&G star David Jane has today launched of the first offering from his new boutique, the TM Darwin Multi Asset fund, a rival to the top performing M&G Cautious Multi Asset fund.

M&G Investments has reported a fall in inflows of 11% in the first quarter of 2011.

A third round of quantitative easing in the US would lead to the collapse of the dollar, M&G's Jim Leaviss has warned.

Fund bounces back through focus on companies that have benefitted from the recession

ON BONDS

Bond fund managers have warned they are concerned about the quality and risks of some debt coming to market after a record 12 high-yield bonds were issued last week.

David Jane is preparing to roll out the first offering from his new boutique, Darwin Investment Managers, and is making plans for a second absolute-return focused product later this year.

M&G's bond manager Jim Leaviss has clashed with Artemis' James Foster over whether the MPC should raise interest rates.

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