M&G has seen net outflows of £631m from its institutional business in the first quarter of the year but large inflows on the retail side helped it grow total funds under management to more than £200bn.
Insurance giant Prudential saw profits climb marginally to £723m last year.
Pension schemes have flooded £250m into long dated affordable housing bonds in a further sign of scheme appetite for local housing initiatives.
Rising investment grade corporate bond credit spreads are offering pension funds more value than at any time since the 2009 financial crisis, a fund manager says.
John Atkin of M&G sets out more predictable inflation-matching alternatives to the ‘roller coast ride' of commodities.
Rising investment grade corporate bond credit spreads are offering pension funds more value than at any time since the 2009 financial crisis, a fund manager says.
Andrew Short investigates how trustees can enjoy the benefits of exposure to corporate bonds, without the danger of financials.