M&G extends EM Bond and Global RE funds to European markets
M&G will offer to investors in selected European markets its funds M&G Emerging Markets Bond and M&G Global Real Estate Securities, so far only available to UK investors.
Launched in 1999, M&G Emerging Markets Bond is managed by Mike Riddell, and it mainly invests in emerging market sovreign bonds and corporate bonds.
The fund has a country diversification and investments are selected according to specific macroeconomic analysis.
The fund has €27.6m under management and its main exposure is towards Chile, Mexico, Malaysia, Colombia and Indonesia.
M&G Global Real Estate Securities was launched in 2008 and is managed by Gillian Tiltman. It is an equity fund and it mainly invests in real estate investment trusts. The portfolio is built with a bottom up approach and long term view. It has €82.5m under management.
The two funds will be available in Austria, Denmanrk, Finland, France, Italy, Germany, Luxemburg, Netherlands, Norway, Spain and Sweden.
“Europe is a key market for M&G and we want to make sure we offer to our clients all the products needed to satisfy their investment needs. The decision to offer these funds to European markets has followed their demand,” said Matteo Astolfi (pictured), director at M&G Italy.