M&G

The manager of the £199m M&G Global Emerging Markets fund has taken an underweight stance to China in the view valuations are more attractive in other Asian countries.

NORTH AMERICA ANALYSIS

Investors in China must look to companies not reliant on cheap labour for their competitive advantage, as this will soon fade, says M&G's Matthew Vaight.

Income stalwart Richard Hughes will be replaced by Alex Odd as the manager of M&G's £501m Dividend fund from next month.

The UK gilt market rallied in the run-up to the Budget and while Osborne was giving his speech, but this initial growth spurt now seems to have moderated.

M&G is planning to hand strategist and chief economist Steven Andrew his first lead management role, with the launch of a multi-asset income product.

M&G fixed income stalwart Richard Woolnough has bought into debt issued by football giant Manchester United.

A number of BP's largest shareholders - including Legal & General and M&G - have cut holdings in the troubled oil giant during its recent share price slide.

NORTH AMERICA

Just weeks away from Chancellor George Osborne's first UK Budget, M&G's Jim Leaviss has controversially praised the efforts of predecessor Alistair Darling.