Square Mile: Global equity income funds to watch
Dividend-hungry investors are turning to global equity income, sparking something of a renaissance for the unloved sector
M&G
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Ex-M&G global distribution boss Jonathan Willcocks resurfaces at Premier Miton
Aim-listed fund group has been looking to expand its business in the institutional space but has seen AUM tumble
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M&G celebrates return to net inflows even as AUMA drops £21.1bn
Fund group underscores ambition to ‘become a major player in the UK wealth market’
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M&G bolsters wealth arm with another IFA acquisition
Follows hot on the heels of Sandringham Financial Partners deal
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Two M&G funds rated ‘unsatisfactory’ in latest value assessment
While one offered ‘outstanding value’ largely on account of ‘exceptional investment performance’
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M&G C-suite reshuffle continues as Jack Daniels announces retirement
CIO will remain with the FTSE 100 fund group until June 2023
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Saudi conglomerate snaps up £224m stake in M&G
Kingdom Holding Company is controlled by prince and billionaire Alwaleed Bin Talal
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M&G inks long-term distribution partnership with Fintel
Joining more than 20 other businesses that have already signed up to the service
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M&G hires from ex-sister company Eastspring in Asia Pacific push
A dedicated fixed income team will be set up in Singapore
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M&G chief executive John Foley retires
Foley steered the fund group through its demerger from Prudential in 2019
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M&G’s ex-finance chief sees bonus chopped ahead of AGM
Clare Bousfield stepped down as CFO in October 2021 to become managing director of M&G’s retail and savings business
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How have GEM funds held up one month on from Russian invasion of Ukraine?
Handful of vehicles down over 10% from 24 February
