M&G's global head of distribution Jonathan Willcocks has said the firm's migration of assets, which is believed to be the largest by any asset manager in history, is "crucial" to ensure all European clients can own its funds after Brexit.
Nevrtheless, the firm expects there will be repercussions for the UK range, including "very small" ongoing charges figure (OCF) increases following the funds' reduction in size The firm recently announced...
Two global vehicles
'Further plug advice gap'
Must appoint separate CEOs and boards
Advisers do come out well
Will report to Mark Till