M&G makes PruFund-style proposition available to Irish investors for the first time

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.

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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

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