As part of M&G Prudential's investment in Asia Pacific equity fund management and research capability, M&G has created a new Asia Pacific equity team.
The team will be led by highly experienced Asia investors Dave Perrett and Carl Vine, who join the business today along with five other investment professionals specialising in Asian developed and developing markets.
The other new hires are analyst Valentina Luo in London; head of Asian equity dealing Greg Moore, portfolio manager Vikas Pershad and analyst Eleanor Kim in Singapore; and senior analyst Nick Cunningham in Hong Kong. All seven previously worked at investment boutique Port Meadow Capital Management.
Carl Vine will also become manager of the following M&G funds, subject to regulatory approval, as incumbent fund manager Johan du Preez steps down. In the interim period, the four funds will be managed by Shane Kelly, manager of the M&G Global Recovery fund.