M&G is proposing to transfer £34bn of non-sterling assets sitting in its UK-domiciled OEIC range to equivalent SICAV funds in the group's Luxembourg range ahead of the UK's departure from the European Union.
The changes, which are subject to approval from shareholders and the Financial Conduct Authority will see holders of euro, Swiss Franc, US dollar and Singapore dollar share classes have their assets transferred...
Joe McDonnell joins as head of portfolio solutions (EMEA)
Latest edition of the print magazine online
Latest news and analysis
253 deals in 2018
Changing fund structure