L&G

A number of BP's largest shareholders - including Legal & General and M&G - have cut holdings in the troubled oil giant during its recent share price slide.

Retail investors pull money out of UK All Companies but strongest managers in the group continue to deliver

ABSOLUTE RETURNS

L&G Investments sales director Ben Waterhouse is joining Fidelity as head of UK wholesale sales.

Firms with overseas earnings exposure are key in uncertain UK.

Cost and value were the central factors in the active or passive debate 15 years ago and it is much the same today, the major difference being that funds find themselves in competition with their own peers rather than each other

F&C's multi-manager team has added L&G Managed Monthly Income to the bond portion of its Lifestyle Defensive portfolio.

Top 10 groups in sector gained at least 56% over past 12 months, with more than half seeing gains of 30% or more

As an astounding year nears its end, it is hard to recall the true despair that existed in almost all markets other than government bonds one year ago.

Penny believes structure of fund helps him concentrate his mind on creating alpha