M&G unveils new PruFund Planet range of funds with £500m allocation from WithProfits Fund

Targeting positive environmental and social outcomes

clock • 1 min read
M&G unveils new PruFund Planet range of funds with £500m allocation from WithProfits Fund

M&G has launched a new five-strong range of multi-asset, risk-rated, smoothed funds offering positive environmental and societal outcomes, called PruFund Planet.

PruFund Planet 1-5 funds seek to invest in high-impact solutions to the "world's most pressing ESG challenges" with the aim to deliver similar long-term growth to the existing PruFund range at the same...

To continue reading this article...

Join Professional Adviser

 

  • Unlimited access to real-time news, industry insights and market intelligence.
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters.
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection.
  • Tap into our community intelligence through our regular Pro Adviser poll.
  • 
 Be the first to hear about our events and awards programmes.

Join

 

Already a Professional Adviser member?

Login

Author spotlight

Ellie Duncan

View profile
More from Ellie Duncan

Baillie Gifford drops out of top ten in FE Crown Ratings after 'market shifts'

BlackRock's Larry Fink tells CEOs to be 'deliberate about their role in society'

More on Investment

Staff at the regulator have raised several concerns, including pay cuts and a rushed consultation process
Investment

FCA staff to vote on strike action following regulator refusal to negotiate

CEO Rathi dismissed concerns as ‘noise’

James Baxter-Derrington
James Baxter-Derrington
clock 24 January 2022 • 2 min read
Capital markets ‘crucial’ to net zero goals
Investment

Green bond guidelines most widely adopted sustainable finance tool in 'myriad' of ESG rules

Institutional Shareholder Services research

Alex Rolandi
clock 24 January 2022 • 6 min read
Value or growth? 'Too much debt' likely to cause transitory environment
Investment

Value or growth? 'Too much debt' likely to cause transitory environment

Equity investors could experience a "multi-year rally" in value stocks, according to some industry commentators, who believe the recent market rotation out of growth could be here to stay. Others have warned not to write off quality growth assets, however,...

Lauren Mason
Lauren Mason
clock 24 January 2022 • 9 min read