Corporate bonds have staged a significant recovery in 2012, according to the latest figures from Cofunds.
Insurer Prudential is set to name Paul Manduca as its next chairman after a five-month search to replace Harvey McGrath, the Telegraph reports.
M&G Investments, the country's largest asset manager, saw its net inflows rise 5% to nearly £1.8bn in Q1, as parent company Prudential also reported a jump in sales.
An adviser has won £20,000 after topping the J.P. Morgan Telegraph Fantasy Fund Manager competition.
M&G Investments has appointed Andrew Hendry to the newly created position of Managing Director, Asia, to offer a more local service to distributors in Singapore and Hong Kong.
Mixed Investment Shares were popular with advisers once again in March, according to the latest sales trends on platform Cofunds.