M&G pins hopes on £34bn fund migration to 'Brexit-proof' business

Fund sizes to reduce

Laura Dew
clock • 3 min read

M&G's global head of distribution Jonathan Willcocks has said the firm's migration of assets, which is believed to be the largest by any asset manager in history, is "crucial" to ensure all European clients can own its funds after Brexit, although there will be repercussions for the UK range including very small OCF increases following their reduction in size.

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Unit trusts/OEICs

Blue Whale ditches Meta and adds to Nvidia in market turmoil

Blue Whale ditches Meta and adds to Nvidia in market turmoil

Also trims Nintendo position

Beth Brearley
clock 22 April 2025 • 2 min read
Former Whitmore fund rejoins Square Mile Academy under Savvides

Former Whitmore fund rejoins Square Mile Academy under Savvides

Two multi-asset funds lose rating

Beth Brearley
clock 11 February 2025 • 2 min read
Value fund houses rake in 5-star Crown ratings in FE fundinfo rebalancing

Value fund houses rake in 5-star Crown ratings in FE fundinfo rebalancing

Seven Artemis funds gain ratings

Beth Brearley
clock 30 January 2025 • 1 min read
Trustpilot