M&G launches retail offering in Belgium
Following the appointment of Benelux senior sales manager Kelly Hebert, M&G Investments has confirmed its official launch in Belgium, in a bid to reach over €2bn retail assets over the next three years.
The firm has been active in Belgium since 2009 operating under the private placement regime. To date, M&G’s clients have been predominantly global and domestic banks, asset managers and fund of fund managers.
It will now also target private and retail banks, IFAs and fund platforms with the aim of reaching up to €2 billion of assets under management in Belgium and Luxembourg over the next three years.
M&G has registered 34 of its mutual funds accross fixed income equities and multi-asset in Belgium.