ALED Smith is to take on the £270m M&G Asian fund, assuming management responsibilities from Hong Kong-based Neil Mackay.
Smith is currently manager of the £871m Global Leaders and £560m American funds. Mackay works for Prudential Asset Management, a subsidiary of M&G’s parent company Prudential. He took on the fund in...
Ceremony will take place 13 November
300 organisations signed charter
Tough year for the sector
Targeting annual yield of 4%