Continent opens up to Halle with Pan Euro Dividend fund

M&G has launched a Pan European Dividend fund for manager Richard Halle. His objective is to achiev...

M&G has launched a Pan European Dividend fund for manager Richard Halle. His objective is to achieve a dividend yield above the market average through a portfolio of European equities. Halle can invest across a range of geographical areas, sectors and market caps and has the ability to use derivatives to boost returns. The investment strategy is based on the idea that reinvested dividends are more important for delivering returns over time than capital growth. M&G's managing director of global sales Jonathan Willcocks said: "Companies that consistently pay a growing dividend demonst...