By Kira Nickerson M&G is to add to its range of global specialist funds through the reorganisation ...
By Kira Nickerson M&G is to add to its range of global specialist funds through the reorganisation and merger of its Commodity, Gold and Australasian funds into a Global Basics fund, to be managed by Graham French. Unitholders have been contacted about the renaming and change of objective of the £52.8m M&G Australasian fund into a global equity fund which invests in companies operating in primary and secondary industries as well as companies that service these industries. The sole aim of the fund, which had been almost exclusively invested in the Australian stock market, is to be long te...
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