Richard Hughes, manager of M&G's £650m UK Income Distribution fund, is to retire in March 2018 after a 31-year career at the company, while Aled Smith, manager of the £527m M&G Global Leaders fund, is also stepping down.
During his time at M&G, Hughes also served as manager of the M&G Recovery fund between 1987 and 2002, the M&G UK Smaller Companies fund from 1986 to 1992 and the M&G Charifunds from 2001 to 2016., The...
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