Appoints Jack Daniels as Chief Investment Officer
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.