M&G has appointed Jeffrey Lin as head of thematic equities, while Thomas Lee has joined the firm as Lin’s deputy.
Based in the US, the pair arrive from TCW Group where they co-managed three tech-focused strategies.
With 32 years in industry, Lin previously held roles as a research analyst and portfolio manager at TCW, having started his career in tech as a computer engineer.
Jack Daniels, M&G chief investment officer, said: “One of our priorities is to further internationalise our investment capabilities through broadening our investment strategies and expanding our range of thematic investment propositions. With the growth in areas such as AI and big data, there are huge opportunities to support the changing needs of our clients and to provide innovative solutions into how we invest their assets.”
Fabiana Fedeli (pictured), CIO for equity, multi asset and sustainability, added: “We see great value in thematic investing, particularly in technology-related areas as it continues to play a pivotal role in our lives over the longer term. In addition, from a near term perspective, the recent market rotation away from technology stocks offers attractive entry point opportunities.
“With Jeffrey and Thomas’ appointments, and with the support of our wider equities capabilities, our new thematic equity team has the potential to drive change both for our clients and in our own investment processes.”