Rory Alexander Appointed Manager of the M&G UK Select Fund

 03 May 2019

 London

M&G today announces that Rory Alexander has been appointed as fund manager of the £567.9 million M&G UK Select Fund, with immediate effect.

Rory has been co-deputy manager of the M&G UK Select Fund since January 2016, alongside his responsibilities as manager of the M&G Pooled Pensions UK Equity Growth Fund and deputy manager of the M&G Smaller Companies Fund.

The aim of the Fund, which is to provide a combination of capital growth and income that is higher than the FTSE All-Share Index over any five-year period, remains the same, as does the investment approach and management style.

Incumbent manager, Sam Ford, is leaving the business and relocating to Edinburgh for a new opportunity. 

Anton Oliver, Head of Equities, M&G says: 
“Through his management of the pooled pension fund in recent years, Rory has proven his ability as an astute investor for a fund that has a similar investment approach to the M&G UK Select Fund. This is an opportunity for us to promote a young talent, who I am confident will continue to provide excellent investment performance for our customers. We would like to thank Sam for his unfailing commitment to our customers over the last five years and wish him the very best for the future.

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Notes to Editors

Rory Alexander
Rory Alexander was appointed co-deputy fund manager of the M&G UK Select Fund in January 2016. His other responsibilities include fund manager of the M&G Pooled Pensions UK Equity Growth Fund and deputy fund manager of the M&G Smaller Companies Fund. Rory joined M&G’s Equity Research team in 2008 as an analyst covering global transport. Over time, he added support services, media and consumer staples to his sector responsibilities, until June 2015 when he became an embedded research analyst with the UK Equities team. Prior to joining M&G, Rory worked for St James's Place Partnership. He graduated from Bath University in 2008 with a BSc (Hons) in economics.

About M&G Investments
M&G Investments is part of M&G Prudential, a savings and investment business which was formed in August 2017 by our parent company, Prudential plc and has £321 billion of assets under management (as at 31 December 2018).  M&G Prudential has over 7 million customers in the UK, Europe, Asia and the Americas including individual savers and investors, life insurance policy holders and pension scheme members.

M&G Prudential is set to demerge from Prudential Plc to become an independent company listed on the London Stock Exchange.

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. Its £30 billion property arm has a sector leading approach to responsible property management and is committed to continuously improving the sustainability performance of its funds.

Issued by M&G Securities Limited which is authorised and regulated by the Financial Conduct Authority and provides investment products. The company’s registered office is 10 Fenchurch Avenue, London EC3M 5AG.Registered in England and Wales. Registered Number 90776.