M&G is one of Europe’s leading bond managers, with £156.6bn invested in fixed income assets (as at 31 December 2015). Instead of relying solely on third party ratings agencies, we conduct our own credit research and employ probably the largest team of credit analysts of any asset manager in Europe.
The Fixed Income team’s expertise spans the full range of investment disciplines from the management of sovereign debt and corporate bond portfolios on behalf of institutional investors, through to leveraged finance, real estate finance, direct lending and infrastructure investment.
Our interests are aligned with those of our clients - a principle reinforced by the constant exploration of new and innovative solutions to the long-term investment needs of our parent company, Prudential plc. Our clients include 70% of the UK’s 40 largest pension funds, 38 UK local-authority pension schemes and a number of sovereign wealth funds.
M&G manages £54 bn of equity assets (as at 31 December 2015) on behalf of internal and external clients across global and regional equity portfolios.
Because we have no ‘house view’, our fund managers develop their own investment strategies. These are generally unconstrained. They act on their convictions and are fully supported by research, portfolio construction and risk management teams.
Our fund managers’ main expertise lies in stock selection, focusing on fundamental company analysis. M&G’s size and standing enable our fund managers to maintain excellent relationships with the management teams of the companies in which they invest.
A set of common investment principles and an open culture that emphasises integrity and independent thinking underpins this approach to equities. Our ultimate aim is to achieve superior risk-adjusted returns for our clients.
M&G’s Multi Asset team - the macro investment business - is responsible for the management of a range of funds and segregated accounts for institutional clients, with about £5.5 bn of assets in total (as at 31 December 2015).
The team shares a common belief in the inefficiency of markets and the role that human behaviour can play in creating investment opportunities. As a result we have a top-down ‘macro’ approach, with a strong valuation framework, which we believe can be applied across markets and regions in many market conditions.
Real estate investment at M&G is overseen by M&G Real Estate. One of the world’s largest international property investors, M&G Real Estate manages £25.6bn of assets in the UK, continental Europe, Asia and North America (as at 31 March 2016, including cash).
Our investment decisions are backed by one of the most respected research teams in the real estate fund management industry. We offer unrivalled insight to our clients whether they invest through pooled or segregated funds.
M&G Real Estate’s long heritage as an active manager of assets and its peerless network of contacts enable it to identify and exploit market inefficiencies quickly. Thanks to our knowledge and expertise, M&G Real Estate clients have access to one of the widest ranges of investment opportunities in real estate.
The value of investments will fluctuate, which will cause fund prices to fall as well as rise and you may not get back the original amount you invested. Please be aware, your investment may increase or decrease as a result of currency fluctuations.