M&G

Market upheaval causes mass exodus to developed markets as a consequence of managers' search for quality and protection from risk

M&G's Richard Woolnough says corporate bonds remain cheap despite the recent rally, with investment grade spreads now at ‘typical' recession levels.

Jupiter Investment Management Holdings has appointed former M&G group finance director Philip Johnson to the newly-created role of chief financial officer (CFO).

Diverse sector at the forefront of downturn over past year, with just eight funds producing positive returns to investors

Corporate bond funds saw a resurgence in popularity following a two-month dip in demand, accounting for a third of net sales on the Cofunds platform in July.

M&G posted a record £4.1bn net retail inflow in the first half of 2009, with more than £3bn placed in the group's range of fixed income funds.

Core strength of Prudential Group is its focus on top-down asset allocation, says Williams

Newly-appointed manager reduces banks exposure to turn around performance on New Star Sterling Bond vehicle

There have been two events within the multi-manager sector of the market occurring in the last two weeks - both quite different in nature - that are equally important and point a way forward for advisers.

M&G's Richard Woolnough has reduced his exposure to interest rate risk in his Optimal Income fund on the back of concerns about a possible excess in supply of government bonds.