9 Jun 2010
On June 3 2010, M&G launched a UCITS III version of the global macro investment strategy employed for the Prudential Assurance Company for the last decade. The M&G Macro Episode Fund aims to offer institutions and sophisticated investors higher total returns than global equities over the medium to long term but with lower volatility. The minimum investment in the fund is £1 million.
The fund combines M&G’s traditional long-term approach to investment management with insights gleaned from behavioural finance. It is managed by two managers, Dave Fishwick and Eric Lonergan, from the macro invesvestment business, who have a combined investment and economics experience of nearly 40 years. The fund takes positions primarily at index level, allocating investments to equities, government bonds, credit, currency and cash. It can take both long and short positions.
The fund combines M&G’s traditional long-term approach to investment management with insights gleaned from behavioural finance. It is managed by two managers, Dave Fishwick and Eric Lonergan, from the macro invesvestment business, who have a combined investment and economics experience of nearly 40 years. The fund takes positions primarily at index level, allocating investments to equities, government bonds, credit, currency and cash. It can take both long and short positions.
