Prudential’s decision to spin-off and float its UK asset management and savings arm was met with widespread approval from investors but how many of them will continue to invest in the life insurer’s “neglected” business when it lists?
Prudential has confirmed it plans to spin-out its UK investment and savings arm, creating two separate listed businesses.
RWC has hired Justin Craib-Cox to bolster its global convertible bond investment team, headed by Davide Basile.
Is Tuesday’s worldwide sell-off a blip or a more serious and long overdue market correction? And how did investors handle the frantic flurry of trading activity?
M&G Investments has begun to transfer the assets of four UK-domiciled open-ended funds with assets of around £9.3bn to equivalent funds on its Luxembourg platform.
The former M&G Dividend fund manager Alex Odd has joined the chartered financial planning firm Fairstone, taking joint ownership of its portfolio management service.
M&G Investments has announced that Michael Stiasny will replace Richard Hughes, after he retires at the end of March.
M&G Investments has launched an ESG-screened global high-yield bond fund, the company’s first venture into the area of responsible investing.
M&G veteran fund manager Richard Hughes is to retire in March next year, while Aled Smith is stepping down from running the M&G Global Leaders Fund in April.
M&G is launching an actively-managed global listed infrastructure fund taking into account environmental, social and governance (ESG) factors.
M&G wants to change the name and investment policy of its £2.1bn M&G Global Basics fund so that it can invest beyond just ‘basic economies’.
The US remains the best dividend market in the world “by a mile” and yield opportunities still exist despite high valuations, M&G’s Stuart Rhodes believes.
