M&G

OPM Fund Management has made a slew of fund changes in the past month, with Investec Asset Management among the main beneficiaries.

Investec's Alastair Mundy has won Morningstar's inaugural qualitative award category: the Morningstar UK Equity Fund Manager of the Year award.

M&G posted a 216% rise in UK retail net inflows last year, with the £6bn net total accounting for almost a quarter of all IMA sales.

M&G posted net retail sales of £5.6bn for the whole of 2009, putting it way ahead of second placed Invesco Perpetual on £3.62bn, according to Lipper.

Fiona Rowley has only 10% cash in her property fund, which now tops £1bn in assets under management

Managers say low return on cash and search for yield will support fixed income market

The devil is always in the detail.

For anyone involved in the manufacture, distribution and advice of investment funds, the latest set of statistics from the IMA make very welcome reading a month into the new decade and potentially point to a new era for the industry.

Whether markets will be able to absorb the huge government debt issuance that will be forthcoming once the Bank of England's quantitative easing programme ends is a hot topic at the moment.

Investment Week surveyed leading advisers to get their opinions on which funds and managers will deliver the best returns over the next 15 years