M&G

M&G is to merge Alex Odd's Dividend and Income funds in a move to streamline its proposition in the income space.

The US equity market has experienced an about-turn and is offering investors a wealth of opportunities, writes Mark Piper, co-fund manager of the Collins Stewart Select Opportunity fund.

Rising UK equity income stars at M&G and OMAM have challenged Invesco Perpetual's Neil Woodford on his negative view of BP.

M&G has overhauled the yield target on its £528m Dividend fund to give manager Alex Odd greater flexibility.

Punch Taverns' bondholders are seeking to halt the ailing firm from selling pubs in its estate and instead arrange a debt for equity swap.

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WHY UK HAS REAL RATE PROBLEM

M&G has appointed James Tomlins from Cazenove Capital Management to join its fixed income team on 20 June.

The £572m M&G Asian fund has delivered top-quartile performance over three years, returning an impressive 32.7% versus the Asia Pacific ex Japan sector average of 26%.

M&G has grown its operating profit to £284m in 2010 despite a decline in net inflows.