M&G announces partnership with New Ireland Assurance to offer two new and innovative funds for Irish investors
Known as Future+, the new range of multi-asset smoothed funds aims to offer low-volatility and competitive market returns to European investors.
Future+ is a new family of global multi-asset funds delivering ‘smoothed’ outcomes, which is designed to replicate the success of M&G plc’s flagship PruFund range outside the UK.
The Fund uses the same investment team and capabilities underpinning the firm’s £133bn With-Profits fund.
Get the week’s top news delivered directly to your inbox – Sign up for our newsletter
M&G has a 20-year plus track record of investing in private and alternative assets and the Future+ range will utilise this capability by also investing in assets including Private Equity, Real Estate and Infrastructure.
An innovative proposition, M&G’s Future+ family of funds uses a built-in mechanism which has been carefully designed to help reduce short-term volatility, known as ‘smoothing’.
Clare Bousfield, Managing Director Retail & Savings, M&G plc says: “The launch in Ireland expands our Future+ range in Europe and marks an important milestone for our business, building on our Italian launch earlier this year. It addresses two of M&G’s key strategic priorities, growing our business outside the UK and further strengthening our partnership with leading European players”.
Source: Press Release
Can’t stop reading? Read more
Blue Owl caps fund withdrawals as private credit demand recalibrates amid market volatility
Blue Owl caps fund withdrawals as private credit demand recalibrates amid market volatility Blue...
Sycamore targets $4bn profit at Walgreens following $10bn buyout
Sycamore targets $4bn profit at Walgreens following $10bn buyout Sycamore Partners is targeting a...
L Squared closes oversubscribed $2bn fund to scale growth strategy
L Squared closes oversubscribed $2bn fund to scale growth strategy L Squared Capital Partners has...