M&G

M&G's Richard Woolnough discusses what the future holds for the global economy on the third anniversary of the credit crunch.

M&G posted a 32% jump in net retail inflows over the second quarter, with the asset manager recording £1.92bn of net sales.

Prudential has posted a 41% jump in operating profit to £968m in the first half, well ahead of expectations.

Mike Riddell, member of the M&G bond team, explains why the UK is now starting to face a slowdown.

TURNING JAPANESE

Current protection for bank bondholders is likely to be abolished by regulators as part of reforms to the financial sector, M&G warns.

Graham French, manager of the £4.28bn M&G Global Basics fund, has moved defensively in recent months on concerns over a slowdown in global growth.

After just passing the halfway mark of 2010, M&G's bond team has found performance in fixed interest markets this year has not necessarily reflected the amount of credit risk an investor is willing to take.

Currency exposure drives emerging market-focused portfolios to the top of IMA Global Bond Sector over one year

Henderson chief economist Simon Ward believes there is more than a 50% chance of a hike in interest rates by the end of the year, as the MPC looks to curb rising inflationary pressures.