Tom Dobell, manager of the £7.7bn M&G Recovery fund, expects an uptick in M&A activity to rejuvenate performance in 2013 after a "tough" three years for the fund.

Read more: http://www.investmentweek.co.uk/investment-week/news/2214666/dobell-m-a-will-drive-returns-on-gbp8bn-recovery-fund-in-2013#ixzz28LEaMmSj