M&G to launch multi-asset income fund

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.