Skip to content

Global experts in fixed income


Recognised as one of Europe’s leading fixed income investors with one of the largest credit research teams in the industry, we have a long history of actively investing across both public and private markets.

M&G has a long history of innovation. We launched the UK’s very first unit trust in 1931, one of the UK’s very first corporate bond funds and one of the earliest high yield bond funds.

We manage money for a wide range of clients, from individual investors to investment platforms, defined benefit pension schemes and global banking groups.

Expertise across public and private debt

Comprehensive range of fixed income strategies

Extensive in-house research capabilities

0 +

FI professionals

0 +

Credit analysts

$ 0 bn

Assets under management (AUM)

Source: M&G Investments. AUM as of 30 June 2024, FI professionals and credit analyst as of December 2024. ‘FI professionals’ relate to Fixed Income (FI) investment professionals including fund managers, portfolio managers, analysts, specialists and dealers.

Our fixed income capabilities

Our emerging market bond strategies seek to capture the most compelling opportunities across the emerging market debt universe, including hard currency government bonds, local currency bonds and corporate bonds. Drawing on our global research coverage, our emerging market bond funds take a highly flexible and active approach, which is not constrained by their benchmark.

Flexible bond funds have the freedom to invest across a wide spectrum of fixed income asset classes, with the fund manager able to adjust portfolio positioning depending on the economic backdrop. Through their more flexible approach, these strategies are designed to perform in a variety of market environments.

Issued by companies with a sub-investment grade credit rating, high yield bonds typically provide a higher level of income in order to compensate investors for the greater risk of default. M&G has long-running experience in this specialist field, having launched the UK’s first high yield corporate bond fund in 1998. More recently. we launched a highly innovative floating rate high yield strategy, designed to mitigate the negative impact of rising interest rates.

A global fixed income footprint

We have a global fixed income footprint, with fund managers and credit analysts based in London, Chicago and Singapore who have extensive experience in the large, liquid and dynamic European, US and Asian bond markets. Our overseas teams collaborate closely with our London-based credit analysts to uncover the very best ideas in global bond markets, which our fund managers put into portfolios tailored to meet clients’ needs.

Our London-based credit analyst team is one of the largest in Europe. Their primary job is to deliver fundamental credit research on bond issuers and provide independent M&G credit ratings for each issuer, ensuring our fund managers are not reliant on external credit rating agencies.

We offer clients a comprehensive range of credit strategies encompassing UK, European and global markets, including benchmark-aware, total return and fully flexible approaches.

Public Debt assets under management

By asset class (%)

Source: M&G Investments. Data as of 30 June 2024.

Our funds

Get a comprehensive overview
of our entire fund range.

View funds


This website is intended for residents of Hong Kong. Non-Hong Kong residents are responsible for observing all applicable laws and regulations of their relevant jurisdictions before proceeding to access the information contained herein.

This website is general in nature and is for information purposes only. It is not a solicitation, offer or recommendation of any security, investment management or advisory service. It does not constitute investment, tax or legal advice. Investors are advised to seek independent advice before making any investment decision.

Investment involves risk. Past performance is not indicative of future performance. The value and income from the fund's assets can fluctuate and is not guaranteed. Investors may not get back the amount they invested.  Investment returns not denominated in US/HK dollar will expose US/HK dollar-based investors to exchange rate fluctuations. Fund performance will be available after the Fund has attained a 6-month investment track record. Where no past performance is shown there was insufficient data available in that period to provide performance. All periods longer than one year are annualised. M&G (Lux) Investment Funds 1 has appointed M&G Investments (Hong Kong) Limited as the Hong Kong Representative. Please refer to the offering documents for further details including the risk factors.

The website is issued by M&G Investments (Hong Kong) Limited and has not been reviewed by the Securities and Futures Commission.