M&G today announces that fund manager Wolfgang Bauer will take on new responsibilities supporting European and multi-asset credit strategies and mandates for institutional investors. Within public debt, M&G manages €57 billion1 on behalf of institutional investors, including flagship strategies such as the M&G European Credit Investment Fund and the M&G Total Return Credit Investment Fund – an area where there has been a significant increase in client demand.
With immediate effect, Matthew Russell has been appointed as manager of the €82 million M&G (Lux) European Inflation Linked Corporate Bond Fund2. Gareth Jandrell, who joined the team in 2017 and has worked closely with Wolfgang, will become co-manager of the €463 million M&G (Lux) Euro Corporate Bond Fund, alongside Stefan Isaacs.
There will be no changes to either funds aims, objectives or policies.
Jim Leaviss, CIO Public Fixed Income, M&G, says: “The expansion of Matthew and Gareth’s responsibilities play to their strengths and are complementary to the strategies they are already involved with. We have seen significant interest from institutional investors for our European and Global credit capabilities and Wolfgang’s expertise and insights will enhance our offering to these clients.”
About M&G Investments
M&G Investments is part of M&G plc, a savings and investment business which was formed in 2017 through the merger of Prudential plc’s UK and Europe savings and insurance operation and M&G, its wholly owned international investment manager. M&G plc listed as an independent company on the London Stock Exchange in October 2019 and has £367 billion of assets under management (as at 31 December 2020). M&G plc has over 5 million customers in the UK, Europe, the Americas and Asia, including individual savers and investors, life insurance policy holders and pension scheme members.
For nearly nine decades M&G Investments has been helping its customers to prosper by putting investments to work, which in turn creates jobs, homes and vital infrastructure in the real economy. Its investment solutions span equities, fixed income, multi asset, cash, private debt, infrastructure and real estate.
M&G recognises the importance of responsible investing and is a signatory to the United Nations Principles for Responsible Investment (UNPRI) and is a member of the Climate Bonds Initiative Partners Programme.
M&G plc has committed to achieve net zero carbon emissions on its total book of assets under management and administration by 2050 and committed to reduce operational carbon emissions as a corporate entity to net zero by 2030.
For more information, please visit: https://global.mandg.com/