‘Will the last one out of daily-dealt property funds, please turn off the lights?’: Industry reacts to latest closures
M&G and Canada Life have announced their intention to close UK property strategies in the last seven days
M&G
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M&G to close £565m UK property fund
Sector has been hit with waves of redemptions in recent years
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Tyndall hires Walker Crips’ Edward Baring and Ed Harvey
Hires the latest moves from Walker Crips
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RLAM hires M&G alternatives CIO for newly-created head of private assets role
William Nicoll joins as the firm expands its private market capabilities
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IA appoints Newton’s Munro and M&G’s Pinto to board of directors
Columbia Threadneedle CEO Nick Ring to leave board
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M&G to launch fixed maturity 18-month bond fund
The fund will be co-managed by Stefan Isaacs and Matthew Russell
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M&G wholesale asset management arm books £1.3bn net inflows
Despite assets falling to £332.8bn in the six months to the end of June
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Brooks Macdonald hires head of investment specialist team from Sarasin
Newly-created role
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Pridham Report: L&G and M&G have a stellar second quarter amid mixed picture for fund sales
Strong overall performance for fixed income funds
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M&G gains six top ratings as FE Fundinfo Crown rebalance favours value investors
While Quilter and Schroders funds received the most five Crown ratings
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M&G hires sustainability head from Credit Suisse
Michael van der Meer succeeds Rob Marshall, who leaves the firm after 20 years
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M&G names ex-Brooks Macdonald chief executive as wealth CEO
Caroline Connellan was also previously chief executive of Abrdn Personal Wealth
