M&G Investments has made a number of portfolio manager changes in its equity fund range, after bringing its Japan fund in-house as the firm ends its relationship with Eastspring Investments that currently runs the fund.
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The changes will affect management across four funds targeting the UK, European and Japanese equities markets.
The asset manager will appoint Eastspring director Johan Du Preez, who will join the group in July 2015, with plans to hand over the management of M&G Japan.
Subject to regulatory approval, Du Preez will take over management of the Japan fund from colleague Dean Cashman.
He will also take control of the M&G Japan smaller companies, which return to M&G on 1 September 2015, pending FCA approval.
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By GlobalDataUK Growth deputy manager Garfield Kiff will replace departing Louise Nash, who has run the group’s £370m Smaller Companies fund since 2010.
The asset manager has named Mike Oliveros as the new co-manager of the M&G European smaller companies fund, who will work alongside current manager Charles Anniss, effectively from July 2015.
M&G head of equities, retail fixed interest and multi-asset Graham Mason said: "I am confident these appointments put the equities team on a firm footing to produce the returns our clients expect of us."
