Morningstar has downgraded the M&G Global Leaders fund to Neutral, saying it is "disappointed" by how M&G has handled long-standing manager Aled Smith's impending departure.
M&G announced in November that Aled Smith, manager of Global Leaders, will be stepping down from the role in April after 17 years at the firm, but M&G has yet to clarify who will pick up the mantle. Gautam...
'Elaborate breach of trust'
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