M&G

Invesco Perpetual and M&G have pledged to invest £95m in a new UK bank launch, according to The Daily Telegraph.

In the first week of December, Investment Week reported that M&G's Jim Leaviss believed there was a substantial chance there would be a downgrade by ratings agencies of UK government debt if there was no attempt to tackle the budget deficit.

The Cautious Managed sector held on to top spot in the Cofunds sales chart for November for the third consecutive month.

OBSR has upgraded both the £1.2bn M&G Optimal Income and the £2.8bn Fidelity Special Situations funds to AA ratings.

Equity markets around the world have continued to rally, fuelled by liquidity and some signs of improving economic data.

OBSR has upgraded Richard Woolnough's M&G Optimal Income fund from an A rating to AA.

Despite the rally in risk assets over the past six months and talk of an economic recovery, some of the biggest macroeconomic questions remain unanswered.

Graham French, manager of M&G Global Basics, believes good fund management does not just come down to mathematical equations, black boxes and computers. Julian Marr, editorial director of marketing-hub.co.uk, explains

M&G posted a £2.51bn total net inflow during the third quarter of the year, with net retail sales of £1.7bn.

Majority of 122 funds within active managed sector are claiming a positive total return over the past year following a six month rebound