M&G

M&G's Tom Dobell has blasted the UK banking industry, saying HSBC has "more integrity and corporate culture" than the rest of the sector combined.

F&C's Paul Carne has taken an overweight equity position across his four-strong Lifestyle range.

The launch of the M&G Inflation Linked Corporate Bond fund is already making waves in the fixed income markets, as potential issuers approach the group with plans to enter the space.

The new so-called 'currency vigilantes' hit sterling hard yesterday, on a day when gilt yields dropped to a new record low.

ON EMERGING MARKETS

M&G's Simon Bailey is relinquishing control of the £169m Smaller Companies fund next month after almost a decade running the vehicle.

High valuations and a lack of corporate governance means China is the worst placed emerging market to deliver a return on capital, according to M&G's Matthew Vaight.

GOSLING'S GROUSE

GOSLING'S GROUSE

M&G won the Outstanding Investment House accolade at last night's OBSR Honours Dinner, held at the Dorchester Hotel in London.