M&G today announces that Michael Stiasny will become manager of M&G UK Income Distribution Fund on 1 April 2018, when the current manager, Richard Hughes, retires at the end of March. With immediate effect, Stiasny will join Sam Ford as co-deputy manager of the fund. Stiasny will continue as fund manager of M&G Charifund, which he has run since November 2016, and deputy fund manager of M&G Recovery Fund.
We also announce today that Wolfgang Bauer is to be appointed manager of the M&G European Inflation Linked Corporate Bond Fund, replacing current manager Jim Leaviss, at the beginning of January 2018. Bauer will continue alongside Jim Leaviss as co-manager of the M&G Absolute Return Bond Fund, and as deputy manager of the M&G Global Corporate Bond Fund and the M&G European Corporate Bond Fund.
The investment strategies for both funds will remain the same.
Graham Mason, Chief Investment Officer for equities, multi-asset and retail fixed interest, says: “These appointments are testament to the internal talent we nurture and promote at M&G. Wolfgang and Michael have proven their capability to deliver excellent outcomes for customers and I have every confidence they have the expertise and experience to do a great job in their expanded roles.”
These appointments are testament to the internal talent we nurture and promote at M&G. Wolfgang and Michael have proven their capability to deliver excellent outcomes for customers and I have every confidence they have the expertise and experience to do a great job in their expanded roles.
Graham Mason,
Chief Investment Officer for equities, multi-asset and retail fixed interest