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04 March 2019 • London

M&GPrudential Brings Together its Investment Capabilities Into a Single Unit

2019

M&GPrudential today announces the creation of a single global investment management unit to house its diverse range of investment capabilities.

Jack Daniels, currently Chief Investment Officer of Prudential UK and Group Treasurer for Prudential PLC, will lead the new unit. He has been appointed Chief Investment Officer of M&GPrudential, subject to regulatory approval.

Jack has 34 years of treasury and investment experience. He joined M&G in 2001, following which he helped to establish Prudential Capital, the treasury and in-house investment arm of Prudential PLC, and has responsibility for £170 billion of assets.

He says: “Client needs are changing – and we need to change with them. Demand for investment solutions is growing as clients focus more on outcomes. This requires greater collaboration between investment teams dedicated to individual asset classes.

“The creation of a single global investment management unit spanning all our investment capabilities – from equities through fixed income and on to private and alternative assets – will enhance the current collaboration between investment management teams across M&GPrudential.

“It will also bring a cohesion to the way we invest and give us an efficient investment platform which can be scaled to match our growth ambitions. For clients, it should improve access to our full range of capabilities, and lead to quicker product innovation and better service.”

As part of these structural changes, Simon Pilcher is stepping down from his roles as CEO of our Institutional Fixed Income Business and Chairman of Real Estate. After assisting with the transition, he will leave M&GPrudential. He goes with our great thanks and our best wishes for the future.

William Nicoll will take responsibility for the Institutional Fixed Income Investment team and report to Jack Daniels. Simon’s other management responsibilities will go directly to Jack. Graham Mason, currently Chief Executive of Equities, Retail Fixed Income and Multi-Asset, will take on a newly created role, Chief International Officer for M&GPrudential.

The combined M&GPrudential investment team oversees total assets of £341 billion globally, including the £109 billion Prudential With-Profits Fund, the largest of its kind in the UK, the family of M&G-branded mutual funds and the range of M&G investment strategies marketed to institutional clients.

If you require any further information, please contact

Notes to Editors

M&GPrudential was formed in August 2017 through the merger of Prudential’s UK and Europe life operations and M&G, the international asset manager. In March 2018, parent company Prudential PLC announced its intention to demerge M&GPrudential and give the business its own listing on the London Stock Exchange.

M&GPrudential has over £341 billion of assets under management (as at June 2018) and has more than 7 million customers in the UK, Europe, Asia and the Americas including individual savers and investors, life insurance policy holders and pensions scheme members.

Issued by M&G Prudential Limited, registered office Laurence Pountney Hill, London EC4R 0HH. Registered in England No. 11444019.

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M&G Investments

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Prudential Financial, Inc.,

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Prudential plc

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M&G plc, incorporated and registered in England and Wales. Registered office: 10 Fenchurch Avenue, London EC3M 5AG. Registered number 11444019. M&G plc is a holding company, some of whose subsidiaries are authorised and regulated, as applicable, by the Prudential Regulation Authority and the Financial Conduct Authority.

M&G plc is a company incorporated and with its principal place of business in England, and its affiliated companies constitute a leading savings and investments business. M&G plc is the direct parent company of The Prudential Assurance Company Limited. The Prudential Assurance Company Limited is not affiliated in any manner with Prudential Financial, Inc, a company whose principal place of business is in the United States of America or Prudential plc, an international group incorporated in England and Wales.

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Prudential Financial, Inc.,

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Prudential plc

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イングランド及びウェールズで設立された国際グループ企業であるPrudential plc(プルデンシャル・ピーエルシー)の関連会社をお探しの場合は、こちらをクリックしてください。

M&G plc, incorporated and registered in England and Wales. Registered office: 10 Fenchurch Avenue, London EC3M 5AG. Registered number 11444019. M&G plc is a holding company, some of whose subsidiaries are authorised and regulated, as applicable, by the Prudential Regulation Authority and the Financial Conduct Authority.

M&G plc is a company incorporated and with its principal place of business in England, and its affiliated companies constitute a leading savings and investments business. M&G plc is the direct parent company of The Prudential Assurance Company Limited. The Prudential Assurance Company Limited is not affiliated in any manner with Prudential Financial, Inc, a company whose principal place of business is in the United States of America or Prudential plc, an international group incorporated in England and Wales.

M&G plc は、イングランド及びウェールズで設立・登録。本社登録地は10 Fenchurch Avenue, London EC3M 5AG。登録番号11444019。M&G plcは持ち株会社で、その子会社の一部はPRA(健全性監督機構)及びFCA(金融行為規制機構) に認可され、それらの規制対象となっています。

M&G plc は、イングランドを登録地、及び主たる事業領域とする会社で、その関連会社は有数の貯蓄・投資機関として基盤を確立しています。M&G plcは、Prudential Assurance Company Limited(プルデンシャル・アシュアランス・カンパニー・リミテッド)の直接親会社です。なお、Prudential Assurance Company Limitedは、アメリカ合衆国を主たる事業領域とするPrudential Financial, Inc.(プルデンシャル・ファイナンシャルInc.)またはイングランド及びウェールズで設立された国際グループ企業であるPrudential plc(プルデンシャル・ピーエルシー)とは一切関係がありません。

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Prudential plc

If you are looking for the affiliates of Prudential plc, an international group incorporated in England and Wales, click here to proceed.

M&G plc, incorporated and registered in England and Wales. Registered office: 10 Fenchurch Avenue, London EC3M 5AG. Registered number 11444019. M&G plc is a holding company, some of whose subsidiaries are authorised and regulated, as applicable, by the Prudential Regulation Authority and the Financial Conduct Authority.

M&G plc is a company incorporated and with its principal place of business in England, and its affiliated companies constitute a leading savings and investments business. M&G plc is the direct parent company of The Prudential Assurance Company Limited. The Prudential Assurance Company Limited is not affiliated in any manner with Prudential Financial, Inc, a company whose principal place of business is in the United States of America or Prudential plc, an international group incorporated in England and Wales.