02/06/2015
M&G reshuffles its equity management team
The British asset management firm M&G has made a series of changes to its equity management team. The Prudential affiliate has decided to internalise the management of two Japan funds, the M&G Japan and M&G Japan Smaller Companies, previously managed by Eastspring Investments, an Asian affiliate of Prudential, from 1 September 2015. As part of this move, Johan Du Preez, invetment director at Eastspring, will join M&G in London in July, to become responsibe for the management of the two funds, replacing Dean Cashman in the case of the M&G Japan fund, and Max Goodwin from the M&G Japan Smaller Companies fund. Johan Du Preez will manage the two funds with the same investment objective and the same approach.Meanwhile, Louise Nash, who had managed the M&G Smaller Companies fund, will be leaving M&G in late July to move to Austria for family reasons. She will be replaced by Garfield Kiff, who has worked at M&G for 15 years, on 1 June. He had previously been deputy manager fo the M&G UK Growth fund, a position he will retain.Lastly, M&G has appointed Mike Oliveros as co-manager of the M&G European Smaller Companies fund from 1 July, alongside Charles Aniss. Oliveros has been working at M&G since 2011, and had previously been deputy manager of the M&G Global Leaders fund, a position he will retain.
