He will be replaced as manager of the M&G European Select Fund by John William Olsen on 11 July. There will be no changes to the investment process and objective of the fund.
Olsen will maintain his responsibilities as manager of the M&G Global Select Fund and the M&G Pan European Select Fund in addition to his new role.
He has 20 years industry experience and has been deputy of the M&G European Select Fund since July 2014. Olsen will also fill the deputy manager role on the M&G European Smaller Companies Fund also vacated by Anniss.
Manager of the M&G European Smaller Companies Fund Mike Oliveros will become the deputy manager both of the M&G European Select Fund and the M&G Pan European Select Fund. Kasper Mikkelsen, analyst on the M&G Equities Select team, will become deputy of the M&G Global Select Fund.
M&G Investments CIO Graham Mason said: “I am very pleased that John William will take over the management of the M&G European Select Fund from Charles whom I thank for his contribution over the years. “With his excellent knowledge of the fund and extensive investment experience, John William is the perfect person for the job.”
