M&G recorded a market-leading £1.74bn net retail inflow in the third quarter, 5% more than the equivalent period in 2009.

Anthony Bolton's Fidelity China Special Situations trust is set to issue new shares to investors in the New Year.

Henderson UK equity manager Stephen Peak has increased his stake in troubled fund group Gartmore to 14.23%.

Investec Asset Management head of global interest rates Russell Silberston comments on the risk of a Bank of England policy mistake ahead of tomorrow's inflation report.

Gartmore CEO Jeffrey Meyer says the group's downfall over the past 12 months has "exceeded all nightmares" and believes getting out of the public markets could be best for the firm.

Schroders recorded a £800m net retail inflow in Q3, with flows slowing from the two previous strong quarters.

A BUBBLE IN GOLD?

Skandia Investment Group has cut a €38m mandate run by Roger Guy in its European Best Ideas fund, with the firm taking swift action following the Gartmore manager's decision to retire.

BP is set to halve its previous £6bn annual dividend when it reinstates payouts early next year.

FLIGHT FROM GARTMORE 'INEVITABLE'