Dave Fishwick takes on M&G Managed Growth fund role

Dave Fishwick will take over management of the £881m M&G Managed Growth fund as of 1 September, taking over from Randeep Somel, who will focus on the £2.2bn M&G Global Basics fund.

The Managed Growth portfolio was launched in 1994 to invest in other collective investment vehicles, primarily other funds, including M&G retail funds. While the objectives and investment policy will not chance, Fishwick has been tasked with bringing the fund in line with M&G’s multi-asset top down investment approach. This will mean the fund can use both stock picking, as per M&G’s equity funds, as well as the asset allocation capabilities of the manager’s multi-asset team.

Fishwick has headed M&G’s Multi Asset team for 17 years. It currently has close to £5bn in AUM.

 

ABOUT THE AUTHOR
Jonathan Boyd
Editorial Director of Open Door Media Publishing Ltd, and Editor of InvestmentEurope. Jonathan has over two decades of media experience in Japan, Australia, Canada and the UK. Over the past 17 years he has been based in London writing about funds and investments. From editing the newsletter of the Swedish Chamber of Commerce in Japan in the 1990s he now focuses on Nordic markets for InvestmentEurope. Jonathan was awarded Editor of the Year at the Professional Publishers Association (PPA) Independent Publisher Awards 2017. Shortlisted for the same in 2016, he was also shortlisted in 2017 and 2015 for the broader PPA Awards category Editor of the Year (Business Media).

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