M&G to launch multi-asset income fund

clock •

M&G is planning to hand strategist and chief economist Stephen Andrews his first fund, a multi-asset income product.

Investment Week understands the fund will have a global remit, investing across asset classes including equities, bonds, and property, and will target a 4%-4.5% yield. Andrews sits on the group's multi-asset desk alongside David Jane and George Tsinonis. His role is to identify stock ideas for the team, which are then implemented in the portfolios. The fund will sit alongside Jane's £281m M&G Cautious Multi Asset vehicle. A spokesman for M&G says a multi-asset product is the missing piece in the group's income offering.  

To continue reading this article...

Join Professional Adviser for free

  • 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
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Investment

Fifty years after 'Bogle's Folly', what comes next for financial advice?

Fifty years after 'Bogle's Folly', what comes next for financial advice?

'Indexing will continue to grow, but the wrapper through which investors access it will change'

Gillian Hepburn
clock 12 October 2026 • 4 min read
Chris Justham: Why the industry must 'entertain and engage' investors

Chris Justham: Why the industry must 'entertain and engage' investors

‘We can’t just offer them a dry cracker and ask them to chew it down’

Chris Justham
clock 07 October 2026 • 3 min read
Jupiter Merlin makes 'keystone' changes and cuts charges on Select range to attract advisers

Jupiter Merlin makes 'keystone' changes and cuts charges on Select range to attract advisers

Two new funds launched

Michael Nelson
clock 06 October 2026 • 6 min read