M&G hit by £900m net outflow in 2013

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M&G Investments' institutional funds have been hit by a £914m net outflow in the first half of 2013, parent company Prudential's interim results show.

The firm saw a net inflow of £667m in the same period last year giving a negative 237% change over the 12 months. The manager said the net outflows largely reflect the start of expected withdraw...

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