Odd replaces Salih on M&G Income after fund's lacklustre performance

Hak Salih has left M&G following the lacklustre performance of the £278m Income fund and is being replaced by Alex Odd, while former DWS manager Nick Evans has joined the group to assist on two of its investment trusts. Odd, manager of the firm's Fund of Investment Trust Shares and deputy manager to Richard Hughes on M&G Extra Income, joined the group in February last year. Prior to this, he spent eight years at Jupiter, where he was assistant to Anthony Nutt on his income funds. Evans joined the group on 2 May to take on the M&G Income and Recovery investment trusts. He replaced Jonath...