Tony Brown appointed as new head of M&G Real Estate

Tony Brown has been named as Head of M&G Real Estate following Alex Jeffrey’s appointment to lead M&G Investments in Asia Pacific from April 2018. Simon Pilcher, Chief Executive of M&G’s Institutional Fixed Income business, will become Executive Chairman, providing strategic direction to M&G Real Estate in addition to his other duties.

Following the recent merger of M&G and Prudential’s UK and European business to form M&G Prudential, the role of Executive Chairman has been created to broaden the distribution of real estate strategies and accelerate growth.

Tony Brown, formerly Chief Investment Officer at M&G Real Estate since 2014, will split his current responsibilities between two newly created roles. Martin Towns is promoted to Head of UK Commercial & Capital Solutions – a position which will encompass responsibility for the UK-based fund management, Investment and Asset management teams within Real Estate. A fund manager of 12 years’ experience, Martin has led the Capital Solutions business for the last three years, providing separate account strategies, joint venture deals and club transactions for large international investors.

A Head of Investment Strategy role will also be created to oversee investment governance and drive thought leadership in research and digital innovation. Both roles will report to Tony Brown and have a seat on the M&G Real Estate board.

Simon Pilcher comments: “I am delighted to be working with such a high calibre leadership team and look forward to helping meet even more clients’ needs in the Real Estate markets.”

Tony Brown adds: "I look forward to building upon our strong foundations as a major international real estate fund manager as we diversify and grow our activities whilst targeting exemplary investment performance."

I am delighted to be working with such a high calibre leadership team and look forward to helping meet even more clients’ needs in the Real Estate markets.

Simon Pilcher,
Chief Executive, M&G Institutional Fixed Income

Download a PDF of the release

If you require any further information, please contact

Rebecca Talbot

Media Relations

+44 (0)782 782 0428

Rebecca.talbot@mandg.com

Notes to Editors

OpenAbout M&G Prudential

M&G Prudential is the UK and European savings and investment business of Prudential plc - the global financial services company - which was formed in August 2017 from the merger of M&G Investments and Prudential’s UK and European businesses. Managing £337 billion of assets with more than 7 million customers, it brings together two of the most trusted brands in the UK financial services sector.

OpenAbout M&G

Headquartered in London, M&G is a leading international asset manager with a long-term, active approach to investing, which has been helping its customers to prosper for more than 85 years. With over 2000 employees in 16 countries, M&G manages assets in Europe, Asia and the US and offers equity, fixed income, property, multi asset and infrastructure investment solutions. At 30 September 2017 M&G manages over £285 billion in assets for its customers.

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 Program. 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.

M&G Investments is a business name of M&G Investment Management Limited and is used by other companies within the Prudential Group. M&G Investment Management Limited is registered in England and Wales under number 936683 with its registered office at Laurence Pountney Hill, London EC4R 0HH. M&G Investment Management Limited is authorised and regulated by the Financial Conduct Authority.

This press release reflects the authors’ present opinions reflecting current market conditions; are subject to change without notice; and involve a number of assumptions which may not prove valid. It has been written for informational purposes only and should not be considered as investment advice or as a recommendation of any particular security, strategy or investment product. Past performance is not a guide to future performance.

M&G Real Estate is a business name of M&G Investment Management Limited and is used by other companies within the Prudential Group. M&G Investment Management Limited, M&G Alternatives Investment Management Limited and M&G Real Estate Limited are registered in England and Wales under numbers 936683, 2059989 and 3852763 respectively with their registered office at Laurence Pountney Hill, London EC4R OHH. M&G Investment Management Limited and M&G Alternatives Investment Management Limited are authorised and regulated by the Financial Conduct Authority.

M&G Securities Limited: Terms and Conditions for downloading Photographic material

1. Introduction

Welcome to the myM&G campaign landing page (the "Website"). The Website is operated by M&G Securities Limited (“M&G”, “we”, “us” or “our”). By accessing or using the Website and downloading any photographs, images, graphics, or any other visual content available for download or stored on the Website or M&G’s content management system (the “Photos”), you (“You”) represent to have read, understand and agree to comply with and be bound by these Terms and Conditions (the "Terms"), forming a binding agreement between You and us. If You do not agree to these Terms, please do not use the Website.

2. Intellectual Property Rights

All Photos available on the Website are the property of M&G or its licensors and are protected by copyright, trade mark, and other intellectual property laws. Unauthorised use of any Photos or content is strictly prohibited.

3. Permitted Use

Subject to your compliance with these Terms, M&G grants You a limited, non-exclusive, non-transferable, and revocable licence to download and use the Photos available on the Website for any purpose, except for purposes which are defamatory, derogatory, related to pornography, otherwise indecent, or involve the creation or dissemination of AI-generated “deep fake images”. Photos can only be downloaded from the hidden URL provided in the press release.

4. Additional prohibitions

You agree that You will not:

(a) modify, alter, or create derivative works from the Photos;

(b) use the Photos in any manner that infringes on the intellectual property rights of M&G or any third party;

(d) share the hidden URL with any unauthorised third party.

5. Attribution

When using the Photos, You must provide appropriate credit to M&G by including a link to our Website or mentioning the source in a manner that is reasonable and customary.

6. Disclaimer of Warranties

The Photos on the Website are provided “as is” without any warranties of any kind, either express or implied. M&G does not warrant that the Photos will be error-free or that your access to the Photos will be uninterrupted.

7. Limitation of Liability

In no event shall M&G be liable for any direct, indirect, incidental, special, or consequential damages arising out of or in connection with the use of the Photos, even if M&G has been advised of the possibility of such damages. As the Photos are provided free of charge, M&G's total liability to You for any damages, losses, and causes of action shall not exceed the amount paid by You for accessing the Photos, which is nil.

8. Indemnification

You agree to indemnify and hold harmless M&G, its affiliates, and their respective officers, directors, employees, and agents from and against any claims, liabilities, damages, losses, and expenses arising out of or in any way connected with your use of the Photos.

9. Changes to these Terms

M&G reserves the right to modify these Terms at any time. Any changes will be effective immediately upon posting on the Website. If a "click to accept" mechanism is not implemented, You will be notified of changes to the terms via email or a prominent notice displayed on the Website. Your continued use of the Website after any changes constitutes your acceptance of the new Terms.

10. Governing Law

These Terms shall be governed by and construed in accordance with the laws of England and Wales, without regard to its conflict of law principles. Any disputes arising out of or in connection with these Terms, including any questions regarding their existence, validity, or termination, shall be subject to the exclusive jurisdiction of the courts of England and Wales.

11. Contact Information

If you have any questions or concerns about these Terms, please contact us at lucy.riazi@mandg.com.

Reframing later life