To view M&G'sproducts and services
Select your countryGo
28 November 2017
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.
If you require any further information, please contact
Notes to Editors
1) The M&G UK Income Distribution Fund has over £650 million in assets under management as at 31 October 2017
2) The M&G European Inflation Linked Corporate Bond Fund has over £82 million in assets under management as at 31 October 2017.
Michael Stiasny was appointed fund manager of Charifund in November 2016, and has been deputy manager of the M&G Recovery Fund since January 2011. Michael joined M&G in 1998 as an equity analyst, becoming head of the pan-European equity research team in January 2005. Michael graduated in philosophy, politics and economics from Oxford University. He is a CFA charterholder.
Wolfgang Bauer is co-manager of the M&G Absolute Return Bond Fund and deputy manager of the M&G Global Corporate Bond Fund and the M&G European Corporate Bond Fund. Wolfgang joined M&G’s Retail Fixed Interest team in January 2014, focusing on US investment grade credit.
M&G is a leading international asset manager with a long-term, active approach to investing. The firm has been helping people to prosper by putting their money to work for more than 85 years. M&G’s customers include private investors, members of pension schemes and life insurance policyholders. Responding to the ever changing financial landscape, the firm has developed a wide range of investment solutions, across equities, fixed income, real estate, multi asset and infrastructure. At 30 June 2017 M&G manages over £281.5 / €320.6 billion in assets for its customers. Headquartered in London, M&G employs over 2,000 people worldwide in 16 countries, managing assets in Europe, Asia and the US. M&G is the asset management arm of Prudential Plc in the UK and Europe. As a steward of clients’ assets M&G recognises the importance of responsible investing with the analysis of environmental, social and governance (ESG) factors core to the business. M&G is a signatory to the United Nations Principles for Responsible Investment (UNPRI) and is a member of the Climate Bonds Initiative Partners Program, which is dedicated to achieving the long-term goal of building climate resilient economies. M&G’s £27 billion real estate business arm has a sector leading approach to responsible property management, and is committed to assessing and 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 Laurence Pountney Hill, London EC4R 0HH. Registered in England No. 90776.