M&G Opens Two Offices in Australia to Meet Growing Client Demand

M&G Investments (“M&G”) today announced the opening of its first two offices in Australia, in Sydney and Melbourne, establishing an on the ground presence in one of the largest asset management markets in the Asia Pacific region.

The firm, which has a long history of investing on behalf of institutional clients across public and private assets classes, has appointed two of its senior people - Chris Andrews as Head of Business Development, Australia, based in Melbourne, and James MacKinnon as Head of Australia, Real Estate, based in Sydney.

William Nicoll, Head of Institutional Fixed Income, M&G, says: “We are seeing a growing demand from superannuation funds to diversify their portfolios through increasing allocations to international markets. Our existing Australian client base has traditionally sought our international public credit expertise, and now we’re seeing significant interest in European private debt and infrastructure investments, too.

These appointments enable us to deepen our relationships with Australian institutional investors, enhance our client service and to partner with them on international opportunities.”

Chris Andrews, with more than 30 years’ experience in the fund management industry, will focus on the full breadth of investment capabilities for institutional clients.

James MacKinnon, with more than 30 years’ real estate experience in Australia and Asia Pacific, will lead M&G real estate business in Australia. M&G has $AUS2 billion* in real estate under management in Australia and its Asia Pacific core real estate fund has 14 investments in Sydney, Melbourne and Brisbane.

Tony Brown, Global Head of M&G Real Estate, says: “The M&G offices in Melbourne and Sydney are a natural extension of our existing footprint in Australia. This places us closer to our existing assets and new investment opportunities in core real estate in Australia, as well as helping us to meet increasing local client demand for real estate investments in Europe and Asia.”

*As of 30 June 2019

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Notes to Editors

OpenM&G and Australia

M&G established its first client relationship in Australia in 2010. M&G’s real estate business purchased its first property in Sydney in first property in Sydney in 2004. Since then, we have a built a client base with assets under management exceeding AU$3 billion.

OpenChris Andrews

Chris has more than 30 years’ experience in the fund management industry, comprising over 20 years in Australia and 10 years in Asia. Chris was most recently Head of Client Relationships and Marketing at M&G Real Estate, based in Singapore. In his newly created Melbourne-based role, he will focus on the full breadth of investment capabilities for institutional clients in Australia.

OpenJames MacKinnon

James has more than 30 years’ experience in Australia and Asia Pacific and will lead M&G Real Estate in Australia. MacKinnon joined M&G Real Estate in Singapore in 2012 as Head of Asset Management (Asia Pacific). Prior to this he held senior asset management positions in Asia with AIG Global Real Estate (Asia) and Macquarie Goodman. In his newly created Sydney-based role, he will report to Ng Chiang Ling, CEO and CIO of M&G Real Estate, Asia.

OpenAbout M&GPrudential and M&G Investments

M&G Investments is part of M&GPrudential, a savings and investment business which was formed in August 2017 by our parent company, Prudential plc and has £341 billion of assets under management as at 30 June 2019. M&GPrudential has over 5 million customers in the UK, Europe and Asia, including individual savers and investors, life insurance policy holders and pension scheme members.

M&GPrudential is set to demerge from Prudential Plc to become an independent company listed on the London Stock Exchange.

For nearly nine decades M&G Investments has been helping its customers to prosper by putting investments to work, which in turn creates jobs, homes and vital infrastructure in the real economy. Its investment solutions span equities, fixed income, multi asset, cash, private debt, infrastructure and real estate. 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 Programme.

M&G’s real estate business, with £33.5 billion under management, is a leading financial solutions provider for global real estate investors, has a sector leading approach to responsible property management and is committed to continuously improving the sustainability performance of its funds.

For more information, please visit: www.mandgprudential.com

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.

The services and products provided by M&G Investment Management Limited are available only to investors who come within the category of the Professional Client as defined in the Financial Conduct Authority’s Handbook. They are not available to individual investors, who should not rely on this communication. Information given in this document has been obtained from, or based upon, sources believed by us to be reliable and accurate although M&G does not accept liability for the accuracy of the contents.

Issued by M&G Investment Management Limited, registered in England and Wales under number 936683, registered office 10 Fenchurch Avenue, London EC3M 5AG. M&G Investment Management Limited is authorised and regulated by the Financial Conduct Authority. M&G Real Estate Limited is registered in England and Wales under number 3852763 and is not authorised or regulated by the Financial Conduct Authority. M&G Real Estate Limited forms part of the M&G Group of companies.

You are about to enter the website of M&G Investments, a direct subsidiary of M&G plc.
Click here to proceed.

M&G plcの直接子会社であるM&G Investments（M&Gインベストメント）のウェブサイトにアクセスするには、
こちらをクリックしてください。

If you are looking for the affiliates of Prudential Financial, Inc., whose principal place of business is in the United States of America, click here to proceed.

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.）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。

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

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。